The FDIC just approved a framework to regulate stablecoins under the GENIUS Act.

Here is the global impact.
This gives every major financial institution the green light to launch stablecoins at scale. Charles Schwab, JPMorgan and PayPal have all been waiting for exactly this clarity.
For crypto it means stablecoins are no longer operating in a legal grey area. They are now treated like bank deposits under US law.
Stablecoin mcap already reached $322 billion , at all time high and projection of $2 trillion to $4 trillion by 2030.
I am more Bullish on L1, specially on ETH after seeing size of Stable coin and tokenization of Real-World Assets.