Stablecoin Supply Surge: USDe & USDS See Remarkable Growth Post-GENIUS Act
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 05 2025Stablecoin Supply Surge: The passage of the U.S. GENIUS Act has led to a significant increase in the supply of yield-bearing stablecoins, specifically Ethena USDe and Sky’s USDS, with USDe's supply rising by 70% and USDS by 23% as investors seek compliant ways to earn returns through staking.
Impact of the GENIUS Act: The GENIUS Act prohibits stablecoin issuers from directly providing yields, prompting investors to turn towards decentralized finance (DeFi) platforms for staking opportunities, highlighting a shift in investment strategies within the evolving regulatory landscape.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
