what publicly traded companies stand to benefit from the genius act

Several publicly traded companies are expected to benefit from the GENIUS Act, which provides a regulatory framework for stablecoins and digital assets. The act aims to promote innovation, adoption, and consumer confidence in the stablecoin industry, which could positively impact companies involved in digital asset-related activities. Here are some publicly traded companies that may benefit from the GENIUS Act:

1. **Payment and Financial Technology Companies**: Companies that are already involved in payment services or are looking to expand their digital payment solutions may benefit from the increased adoption of stablecoins. Examples include PayPal (PYPL), which has launched its own stablecoin (PYUSD), and traditional payment giants like Visa (V) and Mastercard (MA), which may accelerate their efforts to integrate digital dollars into their wallets and merchant offerings.
2. **Digital Asset Service Providers**: Companies that provide custody and safekeeping services for digital assets may benefit from the increased demand for stablecoins. JPMorgan (JPM), which already uses its own internal token (JPM Coin), could scale or expand its efforts publicly.
3. **Crypto-Related Stocks**: Companies that are tied to the price of Bitcoin or are involved in the cryptocurrency market may benefit from the GENIUS Act as it could lead to increased crypto adoption and price appreciation. Marathon Digital (MDA), Riot Platforms (RIOT), and MicroStrategy (MSTR) are examples of such companies.
4. **Blockchain Infrastructure Providers**: Companies that provide the underlying infrastructure for blockchain networks may benefit from the increased activity and adoption of stablecoins. For example, companies involved in blockchain development and implementation may see increased demand for their services.

It's important to note that while these companies may benefit from the GENIUS Act, the actual impact will depend on various factors, including market conditions, regulatory implementation, and the pace of adoption. Investors should conduct thorough due diligence and consider the risks associated with investing in companies involved in the digital asset sector.