The GENIUS Act makes stablecoins the second largest buyers of US Treasury bonds, saving the government billions of dollars each year.

[Coin World] Recently, there has been a lot of movement in the United States. The GENIUS Act has been implemented, and the core rule is this — regulated stablecoins must have a 100% reserve in real cash, and this money cannot be placed randomly; it can only be put into three categories: U.S. Treasury bonds, repurchase agreements, or bank deposits guaranteed by the FDIC.

How big is the impact of this matter? Some institutions have calculated that with this method, by 2030, stablecoin issuers will need to invest between 1.8 trillion and 3.3 trillion USD into treasury bonds. What does this mean? It would directly make the stablecoin industry the second-largest buyer of US debt, second only to the Federal Reserve itself.

Even the Bank for International Settlements has come out to say that this operation may cause short-term government bond yields to drop by 25 to 50 basis points. Rough estimates suggest that the U.S. government could save $114 billion in borrowing costs each year.

In simple terms, this bill did one thing: it tied the expansion of the crypto market to the Treasury's purse. The more stablecoins are used, the better U.S. bonds sell, and the entire crypto industry structurally has to rely on America's financial pipeline. This move is quite ruthless.