GENIUS Act Stablecoin Development Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 09 2026
0mins
Source: stocktwits
- Stablecoin Market Forecast: According to Galaxy Research, stablecoins under the GENIUS Act are projected to stimulate up to $1.2 trillion in credit expansion by 2030, indicating their potential economic impact.
- Tax Savings Potential: Analysts suggest that the growth of stablecoins could save taxpayers billions in financing costs, with Treasury yields expected to drop by 3-5 basis points, thereby alleviating fiscal burdens.
- Overseas Market Dominance: Galaxy's research indicates that 60%-70% of stablecoin growth under the GENIUS Act will come from offshore markets, with imported deposits expected to outweigh domestic migration by a 2-to-1 ratio, countering banking industry concerns.
- Legislative Battle Outlook: The banking sector is lobbying through the Clarity Act to close loopholes in interest payments on stablecoins, indicating that future competition between stablecoins and bank deposits will be a key legislative battleground.
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Analyst Views on GLXY
Wall Street analysts forecast GLXY stock price to rise
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 33.270
Low
24.00
Averages
43.89
High
60.00
Current: 33.270
Low
24.00
Averages
43.89
High
60.00
About GLXY
Galaxy Digital Inc. is engaged in the business of digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence (AI). The Company's digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, it develops and operates data center infrastructure to power AI and high-performance computing workloads. The Company's segments include Digital Assets, Data Centers, and Treasury and Corporate. Its Digital Assets operating business segment provides new products and capabilities such as staking, margin-based financing and active exchange-traded funds. The Data Centers segment comprises the Helios infrastructure assets. The Company's Data Centers segment develops and operates High Performance Computing (HPC) infrastructure to meet the growing demand for large-scale, power-ready facilities in the AI/HPC industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Technical Indicator Analysis: He noted that the Relative Strength Index (RSI) is below 30, indicating Bitcoin may be oversold and due for a short-term bounce, providing a buying signal that could attract more capital into the market.
- Personal Investment Status: Scaramucci revealed that over 70% of his net worth is invested in Bitcoin, with a price target of $1 million by 2032, demonstrating his strong conviction which may sway other investors' decisions.
- Market Expert Consensus: Other market experts also see the current environment resembling historical mid-cycle bear markets, with a recovery expected by the end of 2026; failure to rebound could signal more serious market issues, providing crucial risk warnings for investors.
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- Scaling Tokenized Settlement: Tokenized settlement is showing measurable scale in repo and collateral markets, with significant year-over-year growth indicating improved collateral mobility that reduces friction in institutional workflows, thereby enhancing market efficiency.
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- Stock Performance Warning: CBOE Global Markets' stock has performed poorly, with analysts advising gradual accumulation during price declines, reflecting a cautious stance on market volatility.
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