The total market capitalization of encryption will soar to 20 trillion dollars! Bo Hines: The passage of the US bill will bring explosive growth (Executive Director of the Trump Digital Assets Advisory Committee)

The U.S. Senate passed the GENIUS Act, and with Bo Hines' forecast of a $20 trillion market size for stablecoin regulation, it brings explosive growth prospects for global digital assets and strengthens the dollar's dominance in on-chain transactions. (Background: Cynthia Lummis proposed the "Digital Asset Taxation Act": $600 million in ten years, what are the benefits for crypto?) (Background Supplement: Trump's "Great and Beautiful Act" narrowly passed, IMF warns: U.S. deficit debt crisis intensifies) The U.S. Senate voted overwhelmingly on June 17 to pass the "GENIUS Act," establishing the first federal regulatory framework for stablecoins. Bo Hines, Executive Director of the U.S. President's Digital Asset Advisory Council, predicted during an interview in July that once the regulatory dust settles, the global digital asset market capitalization could rise from $3–4 trillion to $15–20 trillion, with an increase of up to 500%. Bo Hines (Top Digital Assets Adviser to the U.S. President) – Once stablecoin regulations pass, the digital asset industry could explode to $15–$20 trillion in value. Tokenised stocks, real-time markets, and global US dollar access. This is how the U.S. becomes the global leader… pic.twitter.com/siSy6K2Kde — Kashif Raza (@simplykashif) July 4, 2025 Stablecoin regulation brings the greatest dividends. The GENIUS Act requires issuers to hold reserves of high liquid assets at a 1:1 ratio and comply with the Bank Secrecy Act and monthly information disclosure, separating client assets from company assets. This set of rules focuses on the market's most concerned aspects of transparency and security, expected to significantly lower the barriers for institutional entry. Although JPMorgan research indicates that the upper limit for stablecoin size is estimated at $500 billion by 2028, as trading friction decreases and real-time settlement becomes mainstream, the overall crypto market may still see several times amplification. Tokenized stocks enhance market depth. After regulatory clearance, funds will not just stay in stablecoins. Tokenized stocks have brought shares of companies like Apple and TSL to on-chain 24/7, allowing investors to hold and trade in a fragmented manner on blockchain platforms in real time. With on-chain custody, holders can also use assets for DeFi stake or lending, further enhancing liquidity. The dollar's on-chain hegemony is further solidified. The U.S. government views stablecoins as a key tool to reinforce the dollar's position. Congress even announced that starting July 14, it will be "Crypto Week," focusing on promoting related legislation. Bo Hines stated: "I firmly believe this is how the U.S. becomes the global leader in cryptocurrency and fintech." The U.S. is guiding funds into dollar-pegged stablecoins through clear rules, firmly holding the discourse power of on-chain payments. Related reports: The probability of a rate cut in July approaches zero! U.S. June non-farm employment is extremely strong, U.S. stocks rise together, Bitcoin surpasses $110,000. The U.S. is fully developing crypto: Senate regulatory hearings invite Ripple, Paradigm, and other big players to attend. Ripple applies for a "U.S. banking license," CEO: After approval, $RLUSD will become the new standard for stablecoins. 〈Total crypto market capitalization is expected to soar to $20 trillion! Bo Hines: U.S. legislation passage brings explosive growth (Executive Director of Trump's Digital Asset Advisory Council)〉 This article was first published on BlockTempo, the most influential blockchain news media.