According to Wu Blockchain, Galaxy Digital's Head of Research Alex Thorn shared that his team has released a model study on the impact of stablecoins on the U.S. Treasury market and bank deposits. They believe that under the GENIUS Act framework, about 60% to 70% of stablecoin growth will come from overseas, with offshore capital inflows being roughly twice the scale of domestic deposit migration in the U.S. For every $1 increase in GENIUS stablecoins, it is estimated to generate approximately $0.32 in net U.S. credit expansion. The model projects that by 2030, stablecoin-related credit expansion could reach around $400 billion in the baseline scenario and up to $1.2 trillion in the optimistic scenario. Meanwhile, short-term U.S. Treasury yields could drop by 3 to 5 basis points, potentially reducing U.S. government financing costs by up to $3 billion annually. https://(wublock123.com)/news/galaxy-digital-genius-stablecoin-may-trigger-1-2t-us-credit-expansion-by-2030-60754