Key takeaways
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Bitcoin’s rise past $100,000 in 2025 marked a shift from speculative trading to long-term institutional adoption. Banks and governments began viewing BTC as a strategic reserve asset.
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The GENIUS Act established a unified US framework for payment stablecoins, mandating 1:1 reserve backing, stricter issuer qualifications and stronger consumer protections.
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Real-world asset tokenization surpassed $30 billion onchain, driven by tokenized US Treasurys and private credit. Firms such as BlackRock, JPMorgan and Apollo integrated RWAs into DeFi…

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