Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium
The GENIUS Act has significantly impacted Bitcoin's monetary premium by creating a government-sanctioned alternative to it. This legislation has shifted demand from Bitcoin to stablecoins, particularly in countries facing capital controls and currency depreciation. As a result, the stablecoin market has seen substantial growth since the Act's implementation.
- ▪The GENIUS Act regulated stablecoins with 100% reserves in U.S. dollars or Treasuries.
- ▪Bitcoin's use as an alternative dollar access point has been highlighted, especially in countries with currency issues.
- ▪The stablecoin market cap increased by 45% following the GENIUS Act's enactment.
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CoinDesk IndicesShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCrypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premiumIn this week's Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn't just regulate stablecoins, it repriced Bitcoin's monetary premium. Then, Jesper Johansen on why looped ETH staking no longer needs a lending market.By Ravi Tanuku, Jesper Johansen, Francisco Rodrigues|Edited by Alexandra Levis May 27, 2026, 4:00 p.m. 9 min readMake preferred on (Spenser Sembrat/ Unsplash)What to know: You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday.Welcome to our institutional newsletter, Crypto Long & Short.
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