Following the recent passage of the GENIUS Act by the US Senate, KAKOPX promptly launched a dedicated research initiative on stablecoins, systematically tracking and analyzing the Act in terms of its content, impact, and future trajectory. According to the latest findings of KAKOPX, the Act is not only a pivotal milestone in the institutionalization of stablecoins but also serves as a crucial bridge connecting regulation with innovation, and compliance with efficiency.
The GENIUS Act mandates that all US dollar-pegged stablecoins must be backed 1:1 by low-risk assets such as short-term Treasury securities and be subject to oversight by state or federal regulators. This measure aims to provide clear regulatory expectations for an industry long plagued by uncertainty.
KAKOPX Exchange believes this type of legislation marks a shift from merely “regulating crypto” to “building institutional foundations.” It reflects not only the government response to risk management but also the drive from capital markets and industry players to reshape the financial landscape.
Under the regulatory framework established by the GENIUS Act, the stablecoin ecosystem will see three prominent beneficiaries:
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Retailers and the Payments Industry
The passage of the Act is seen by the retail sector as a catalyst for making stablecoins a mainstream payment method. The KAKOPX research shows that several major US retail chains are exploring the integration of stablecoins into their point-of-sale systems to reduce transaction fees, accelerate settlement, and enhance cross-border efficiency. In this context, stablecoins are emerging as a “second payment rail” beyond the traditional credit card infrastructure. -
Large Banking Groups
While some small and medium-sized banks are concerned about deposit outflows, KAKOPX notes that certain major banks have begun advancing plans to issue their own stablecoins, aiming for direct control over reserves and to capture interest income. This trend indicates that stablecoin business lines are becoming a new profit source for mainstream financial institutions. -
Tech Giants and Non-Financial Corporations
Should the Act clear the House of Representatives, it will provide a statutory compliance pathway for technology companies and platform enterprises. KAKOPX points out that this change may break the traditional boundary of “finance being exclusive to financial institutions,” opening the door for tech firms to participate directly in building financial infrastructure and reshaping the competitive structure of the industry.
KAKOPX believes the GENIUS Act delivers not only regulatory clarity but also signals institution-driven innovation. Contrary to the previous pattern of “innovation first, regulation later,” this Act demonstrates a new paradigm of “regulation first with institutional safeguards.” This raises the bar for platform security, compliance capabilities, and ecosystem adaptability.
Against this backdrop, KAKOPX Exchange emphasizes that its AI-driven risk control system, cybersecurity isolation mechanisms, and asset reserve audit processes are becoming core components of institutional competitiveness. Compliance is no longer just a licensing threshold but the foundation for long-term brand trust and ecosystem participation.
KAKOPX Exchange will continue to prioritize compliance, security, technology, and strategic foresight, always starting from user trust to build crypto asset infrastructure aligned with global institutional logic. KAKOPX firmly believes that every regulatory milestone marks a new starting point for the future order.