Bo Hines: Stablecoin regulation could fuel a $15T–$20T crypto industry

Bo Hines, Executive Director of the Trump administration's crypto advisory group, predicts that the passing of the Genius Act, expected soon, could lead to a $15-$20 trillion crypto market. Hines, in an interview with Fred Thiel, CEO of Bitcoin (BTC) miner MARA Holdings, emphasized that the legislation would modernize financial systems, allowing for instant settlements, cost-effective payments and enhanced transparency. He believes the law will boost the U.S. dollar's global dominance and inject substantial capital into the crypto industry, potentially increasing its value by over 300%, according to TheCryptoBasic on X.