US stablecoin adoption could surge with bank-like protections: Visa survey
60-second summary
Visa’s survey finds that offering bank‑like protections for stablecoins could dramatically boost U.S. adoption, especially as firms ready themselves for the upcoming GENIUS Act, which aims to clarify digital‑asset regulation. The report notes that clearer insurance, custodial safeguards and FDIC‑style coverage would reassure businesses and consumers, likely expanding stablecoin usage and driving broader crypto market growth.
The survey released by Visa posited that bank-like protections for stablecoins could increase adoption in the US as companies are preparing for the enactment of the GENIUS Act.