Many ppl in the crypto space thing stablecoins are crypto- They are not.
Stabecoins are not crypto- they are digital, but not crypto assets. The stable coins are the equivalent of “agent coins/tokens” inside the crypto space. You cant make any signifcant profit from them and they are allegedly backed by US Dollars by third party entities. In some cases you can lose money with a “stablecoin”- yes its possible. This defeats its inherent purpose & nature by default. But why are they here in the crypto space? Wel the stablecoins we know of today:
USDT -Tether (est 2014)
USD- USD Coin ( est. Sept 2018)
TUSD- True USD (est Mar 2018)
GUSD- Gemini USD ( est 2018)
BUSD- Binance USD (est 2019)
Notice all of these are late comers to the crypto spce and come out roughly all at the same time. Introduced by NSA.
How did they get into the crypto space? By the crypto exchanges. The later iterations of stablecoin names says it all as they were named after the exchanges that pushed the stablecoins/tokens. Digital stablecoins have nothing to do with crypto but are there to promote the adoption of digital currency allegedly pegged to the US dollar. Again, this is not crypto nor how crypto operates.
Fast forward: The Genius Act signed by Trump 7/18/2025. Alleging to make America the leader in “Digital Assets” – (not crypto). The word Crypto is used 3 times and always referenced to Digital Assets aka stablecoins.
Trump ran on a platform of being a crypto friendly President but that was smoke and mirrors as his Genius Act doesnt concern itself with crypto- but instead “DIGIAL ASSETS” like stable coins.
The GENIUS Act doesn’t replace the U.S. monetary system, but it augments and reforms it by formally including stablecoins as recognized, regulated digital money-equivalent instruments. It accelerates the digitization of the payments system, gives banks and fintechs new issuance channels, and could significantly shift where and how money flows globally.
In doing so, it potentially strengthens the U.S. dollar’s dominance and positions U.S. financial infrastructure at the center of the future digital-asset economy — but it also exposes the global economy to new dynamics of money flow, capital mobility, and cross-border payment friction. How smoothly this transition occurs—and how well risks are managed—will determine whether the outcome is innovation plus stability or disruption plus instability.
In short expect big swings in crypto should the stablecoin volume be disrupted as the total supply of stablecoins is always changing (increasing) to allow it to be intriduced into the global economy. The equivalent of a digital money printer = stabelcoins.
submitted by /u/Crypto_Sepharial
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