The GENIUS Act enhances the legitimacy of stablecoins, which could introduce threats to traditional payment methods, including credit cards. But the largest card networks in the U.S., Mastercard and Visa, see stablecoins as a means of growth in the payment arena.

Trump Media now holds $2 billion in bitcoin and bitcoin-related securities, two-thirds of its $3 billion liquid assets. The company’s crypto push is strategically tied