Bernstein: US Digital Currency Plan Makes Country Top Worldwide Contender
Bernstein Asserts U.S. Crypto Structure Places Nation at Forefront Globally
With novel legislation outlining market architecture and stablecoin monitoring, the brokerage suggested that America’s digital asset sector has reached its most evolved stage thus far.
By Will Canny, AI Boost|Edited by Sheldon RebackUpdated Nov 12, 2025, 3:16 p.m. Published Nov 12, 2025, 8:54 a.m.
What to know:
- Bernstein stated that the U.S. has put into practice the GENIUS Act and is gearing up for the CLARITY Act to construct a uniform crypto regulatory system.
- Stablecoin volume has escalated beyond $260 billion, whereas institutional funding is propelling crypto ETFs and IPOs.
- The brokerage envisions a fresh, enduring crypto epoch propelled by regulation, institutional acceptance, and blockchain assimilation in capital markets.
In this article
BTC$103,062.11◢1.89%
Wall Street brokerage Bernstein conveyed that the U.S. has undertaken a critical measure toward evolving into the world’s crypto center with the implementation of a holistic regulatory design.
The GENIUS Act, now law, spurred the stablecoin arena, pushing U.S. dollar–pegged supply past $260 billion, the brokerage noted in a Wednesday analysis. The upcoming CLARITY Act, anticipated in late 2025, will institute the premier unified market composition for digital assets, distinctly segregating obligations between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) and resolving years of regulatory ambiguity, it expressed.
According to experts spearheaded by Gautam Chhugani, the core of this alteration is SEC Chair Atkins’ Project Crypto, the most ambitious undertaking to date to consolidate securities markets with blockchain tech.
The undertaking is geared toward reinstating innovation by categorizing the majority of crypto assets outside securities law, empowering tokenized equities and bonds and accrediting broker-dealers to maneuver both conventional and digital assets under a singular regulatory framework.
It also aspires to modernize substructure for onchain trading and 24/7 finality, diminishing costs across tokenized securities, stablecoins and crypto assets, the experts observed. This explicitness has mitigated the sector's risk from political changeover and unleashed novel institutional involvement.
Crypto exchange-traded funds (ETFs) presently maintain $160 billion in assets, the analysis underscored, with institutions comprising nearly a quarter of spot ETF participants.
Bernstein indicated the digital asset IPO arena rebounded robustly this annum, securing $4 billion since January, while the market capitalization of publicly traded crypto entities has escalated from $80 billion in early 2024 to $380 billion, with Coinbase (COIN) and Robinhood (HOOD) now incorporated into the S&P 500 stock benchmark.
A fresh, more self-sustaining crypto duration is materializing, fueled by lucid rules, institutional funding, and blockchain’s greater assimilation into the monetary system, the analysis appended.
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