The GENIUS Act Winners and Losers: Which Crypto Companies Will Survive?

The math is simple: Treasury Secretary Scott Bessent predicts the stablecoin market could reach $3.7 trillion by decade’s end—but only for companies that can survive the regulatory gauntlet that could start as soon as later this year.

The Senate’s passage of the GENIUS Act yesterday marks the beginning of the end of crypto’s Wild West era. With the first comprehensive stablecoin regulations now heading to the House, a massive industry shakeout is coming. Some companies will emerge as trillion-dollar powerhouses. Others will simply cease to exist. Here’s who wins, who loses, and what it means for your portfolio.

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