Genius Act Boosts Altcoins SUI, XLM, POL, CRO, SKY

The recent enactment of the Genius Act in the United States has introduced a regulatory framework specifically for stablecoins, which is already influencing the broader cryptocurrency market, particularly altcoins. This legislation, while primarily focused on stable assets, has implications for altcoins that are closely tied to payment systems and decentralized finance (DeFi) networks.

In a video published by Altcoin Buzz, a prominent YouTube channel, five altcoin projects are highlighted as being well-positioned to benefit from the new regulatory clarity and structure provided by the Genius Act. These projects either already integrate stablecoin functionality or are preparing for developments that align with the new legal framework.

The SUI Network is one of the top projects featured in the video. The platform supports native USDC integration, which has driven a significant expansion of its stablecoin supply. Over the past year, this supply has grown by nearly 100x, supported by increasing daily transfer volumes across the network. SUI’s DeFi ecosystem has also expanded, with the total value locked (TVL) reaching $2.25 billion. This activity has attracted the attention of institutional players, such as 21Shares, which has filed for a SUI-based exchange-traded fund (ETF). With its native infrastructure already in place, the SUI Network is poised to scale further as stablecoin use cases develop under the Genius Act.

Stellar (XLM) has also seen growth in both USDC supply and transaction volume. Over $187 million worth of stablecoins were sent to the Stellar network in a month, and the total transaction volume exceeded $1.7 billion in the same period. These figures represent 22% and 189% increases, respectively. Stellar is known for its cross-border payment capabilities and ISO 20022 support, with existing partnerships and infrastructure that support fiat onramps, corporate payouts, and fintech integrations. These features align well with the legal clarity brought by the Genius Act, positioning XLM to serve both public and private stablecoin issuers.

Polygon, formerly known for its MATIC token, has transitioned to POL and now includes various tools designed for regulatory readiness. The platform supports a wide range of stablecoins, including USDC and USDT. Its staking hub, zero-knowledge (ZK) technology, and chain development kits (CDKs) align with the Act’s compliance-focused environment. Validators across different Polygon chains now help meet cross-chain settlement requirements, enhancing the network’s appeal to institutional users seeking efficient and legally compliant platforms.

Kronos (CRO), part of the Crypto.com ecosystem, is preparing to launch its own stablecoin in Q3. The network has completed its V2 upgrade, making it faster and more affordable for institutional use. With a new ETF expected in Q4, CRO is positioning itself to expand within the stablecoin landscape. Sky, previously known as MakerDAO, has also been preparing for broader adoption. The project already offers the USDS stablecoin and operates with a decentralized framework. While its token has shown modest price action, it remains active in DeFi and aligns with the law’s long-term requirements.

These five altcoins—SUI, XLM, POL, CRO, and SKY—each carry elements that could support growth under the regulatory structure introduced by the Genius Act. Their ongoing development, stablecoin adoption, and institutional interest suggest continued market attention as the law moves toward full implementation.