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The broader strategic significance of the Genius Act extends beyond domestic convenience. By anchoring the US dollar to digital stablecoins backed by American financial institutions, the U.S. could reinforce dollar dominance on the global stage. When digital dollars underpin international transactions, they strengthen the United States' influence in global commerce.
Furthermore, the legislation appears set to facilitate the widespread integration of stablecoins into commerce. Businesses that adopt this technology early will gain advantages in speed, cost-efficiency, and global reach, positioning them as leaders in the emerging digital economy.