According to the source, a 2025 review asserts record stablecoin growth tied to a GENIUS Act opening the floodgates; traders should verify any U.S. federal legislation by reviewing bill text, status, and committee actions on Congress.gov before reallocating capital (source: Congress.gov). To confirm whether the stablecoin market cap expanded in 2025, aggregate circulating supply for USDT and USDC from issuer attestations and on-chain contract explorers, comparing month-over-month changes to prior years for a data-driven view (sources: Tether Transparency, Circle Attestations, Etherscan). Assess trading impact by monitoring stablecoin share of total crypto market cap, fiat on/off-ramp spreads, order book depth, and spot/perpetual volumes across major venues before adjusting basis, funding, and liquidity-provision strategies (sources: Binance Market Data, Coinbase Advanced Trade Data, CME Group). Recheck regulatory risk by reviewing U.S. Treasury and FinCEN guidance on stablecoins and any supervisory statements affecting bank custody and payment rails, as these can alter USDT/USDC settlement speed and market liquidity (sources: U.S. Treasury, FinCEN, Federal Reserve).