Bo Hines, who advises former President Donald Trump on digital-asset policy, said he expects the cryptocurrency market to swell to about $15 trillion to $20 trillion if Congress enacts the proposed GENIUS Act, a bill that would establish federal rules for dollar-backed stablecoins. Hines argued that clear regulations for issuers of stablecoins—tokens whose value is pegged to fiat currencies—would remove what he called a major barrier to broader institutional and retail adoption of digital assets. He did not give a timeline for the market-value projection but framed it as contingent on the legislation becoming law. The GENIUS Act has not yet been scheduled for a full vote in either chamber of Congress. The measure would require stablecoin issuers to hold high-quality liquid reserves and submit to oversight by the Federal Reserve while granting state-chartered entities a pathway to national distribution. Lawmakers have been divided over consumer-protection standards and the role of non-bank issuers, factors that could shape the bill’s prospects and any eventual market impact.