5 Potential Alts After Trump's "GENIUS Act" Passed: SUI, XLM, POL, CRO, SKY

Under the push of U.S. President Trump, the "GENIUS Act" has been officially signed into law, introducing a regulatory framework for stablecoins in the United States. Although the focus of the legislation is on stable assets, its impact is extending to altcoins closely related to payment systems and Decentralized Finance networks.

Sui (SUI): Powerful stablecoin integration and Decentralized Finance growth

SUI is one of the key projects highlighted in the Altcoin Buzz video, and the platform supports native USDC integration, which allows its stablecoin supply to expand rapidly.

In the past year, due to the daily increase in internet traffic, the supply has increased nearly 100 times.

The decentralized finance (DeFi) ecosystem of SUI has also expanded, with a total locked value (TVL) reaching 2.25 billion USD. This has attracted the attention of institutional investors.

For example, 21Shares has applied for an exchange-traded fund (ETF) based on SUI, indicating that demand is growing. With the native infrastructure already in place, the network will further expand as the use cases for stablecoins continue to develop under the GENIUS Act.

Stellar (XLM): Surge in Cross-Border Capabilities and Stablecoin Trading Volume

The USDC supply and trading volume of XLM have both increased. Within a month, stablecoins worth over $187 million were sent to the Stellar network, with a total trading volume exceeding $1.7 billion during the same period. These two figures grew by 22% and 189%, respectively.

The platform is well-recognized for its cross-border payment capabilities and support for the ISO 20022 standard. Its existing partnerships and infrastructure support fiat currency deposits, corporate payments, and fintech integration.

These characteristics align with the legal clarity brought by the "GENIUS Act," enabling XLM to serve public and private stablecoin issuers.

Polygon (POL): Infrastructure adopted by institutions

Polygon was previously known for its MATIC token, but has now transitioned to POL, and now includes various tools designed for regulatory readiness.

The platform supports multiple stablecoins, including USDC and USDT. Its staking center, zero-knowledge (ZK) technology, and on-chain development toolkit (CDK) all align with the compliance-focused environment of the legislation.

Validators across different Polygon chains are now helping to meet cross-chain settlement needs. These tools enhance the network's appeal to institutional users seeking efficient and compliant platforms. The current price is close to $0.26, having risen over 40% this month.

CRO and SKY: The Launch of New Stablecoins and Branding Strategy

As part of the DEX ecosystem, Kronos (CRO) is preparing to launch its own stablecoin in the third quarter. The network has completed the V2 upgrade, making it faster and lowering the costs for institutional users. CRO is expected to launch a new ETF in the fourth quarter and is actively positioning itself in the stablecoin space.

Sky (formerly MakerDAO) has also been preparing for broader applications. The project has launched the USDS stablecoin and operates within a decentralized framework.

Although its token price trend is moderate, it remains active in DeFi and complies with long-term legal requirements.

These 5 altcoins, SUI, XLM, POL, CRO, and SKY, all possess elements that support growth under the regulatory framework introduced by the "GENIUS Act". As the Act is gradually implemented in full, their ongoing development, the adoption of stablecoins, and the interest of institutional investors indicate that the market will continue to pay attention to these altcoins.

TRUMP-1.92%
SUI0.24%
XLM-0.32%
POL-1.75%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)