The U.S. is actively developing its position in the cryptocurrency sector, taking significant steps to become a world leader in this field. Under Donald Trump's leadership, new regulations aimed at advancing stablecoin issuance are set to be signed.
Role of Cryptocurrencies in the U.S.
The U.S. is striving to establish itself as a haven for cryptocurrencies, similar to what El Salvador did in 2021. The planned signing of the GENIUS regulations aims to ease financial institutions' process for issuing stablecoins on cryptocurrency networks. This event is attracting the attention of investors and major asset managers.
Who Benefits from Trump's Crypto Policies?
Trump's goal is to optimize the landscape for crypto initiatives in the U.S. There are 36 different digital currencies poised to benefit, including Dogecoin. Some assets are already seeking ETF approval, potentially enhancing their growth.
Prospects for Major Cryptocurrencies
The outlook for Ethereum remains positive, with a possibility of reaching above $4,000, while Bitcoin continues to trade above $118,000. Chainlink, favored among financial institutions, is also showing positive momentum, sparking optimism among analysts.
With aggressive regulatory strategies and increased institutional engagement, the U.S. is on the brink of transforming into a key player in the global cryptocurrency market. Trump's project may significantly alter the dynamics in this sector.
