July 2025 marked a pivotal moment for the crypto industry, driven by important legislative, economic, and technological developments. Key facts summarize these changes.
Rise of the Stablecoin Market with the GENIUS Act
In July 2025, following the adoption of the GENIUS Act in the US, the stablecoin market grew by $4 billion, reaching a total capitalization of $250 billion. Leading players in this market include Tether (USDT) and Circle (USDC), while major financial institutions like JPMorgan and BlackRock are preparing to launch their own regulated crypto issuers. The new legislation requires 1:1 reserves, mandatory audits, and federal licenses. This marks a transition to more mature standards integrated into the traditional financial system.
Bitcoin Reserves Decline and Its Market Impact
Data showed that bitcoin reserves on cryptocurrency exchanges fell to 14.3% of the total supply, marking a historic low due to ongoing withdrawals to personal or cold wallets. This trend is interpreted as a bullish signal, as reduced liquidity might precede price increases for Bitcoin. Such actions could indicate long-term investor anticipation of price increases for BTC in light of limited supply due to halving.
Growth of Tokenized Assets and Regulatory Changes
The tokenization of real assets is rapidly developing, with the market now exceeding $25 billion, reflecting a 15% increase in July. Key institutional players driving this process include Franklin Templeton and BlackRock. At the same time, three US states—Louisiana, New Mexico, and New Hampshire—passed new pro-crypto laws, including tax exemptions for staking income and legal recognition of smart contracts. In contrast, Arizona withdrew a bill requiring banks to maintain physical reserves of crypto assets.
July 2025 will mark a significant milestone in the development of the crypto industry. The regulations adopted and the growth of institutional investment confirm that cryptocurrency is entering a new stage of structuring, impacting the global market.
