GENIUS Act

Stablecoin supply sheds $15B in biggest drop since Terra collapse

The global stablecoin market has shed roughly $14.56 billion since mid-May 2026, marking the steepest contraction since TerraUSD's implosion in 2022. Total supply fell from a peak near $322 billion to approximately $307.56 billion by August 2, according to data…

Bank of England scraps stablecoin holding caps, sets £40B issuance limit

A year after the U.S. Senate passed the GENIUS Act in a landmark 68-30 bipartisan vote, the legislation's implementation is entering a decisive phase as federal agencies race to finalize rules before a July 18, 2026 statutory deadline, while across…