According to Jake Chervinsky, the recent passage of stablecoin legislation marks a significant policy shift for the crypto market, which has historically shown limited sensitivity to regulatory developments (source: @jchervinsky, May 20, 2025). The new legislation could introduce greater regulatory clarity and institutional confidence, potentially increasing liquidity and trading volumes for major stablecoins and related tokens such as GENIUS. Traders should closely monitor stablecoin price stability, trading volume spikes, and the GENIUS token’s performance as the market begins to price in the effects of this regulatory change. The policy development could also have a spillover effect on DeFi projects and altcoins tied to stablecoins, providing new opportunities for volatility-driven strategies.