Crypto

ALT5 Sigma Applauds New U.S. Law Establishing Stablecoin Regulation

Download IPFS

ALT5 Sigma Corporation has welcomed a new era of regulatory clarity in the digital asset space, following the enactment of the GENIUS Act in the United States. The legislation establishes a legal framework for the issuance and oversight of stablecoins, blockchain-based digital currencies tied to traditional assets, providing the financial technology (fintech) sector with clearer guidelines and opportunities for compliant growth.

ALT5 Sigma Corporation (NASDAQ: ALTS; Frankfurt Stock Exchange: 5AR1), a fintech firm delivering blockchain-powered trading and payment infrastructure, praised the passing of the “Guiding and Establishing National Innovation for U.S. Stablecoins” (GENIUS) Act. Company Chief Executive Officer Peter Tassiopoulos called it a “turning point,” noting the legislation offers businesses confidence to expand blockchain innovation responsibly. “With a clear legal foundation now in place, U.S. enterprises can finally build with confidence and unlock the transformative capabilities of blockchain,” Tassiopoulos said.

The firm, which has processed more than $5 billion United States Dollars (USD) in cryptocurrency transactions across over 1,000 global businesses, is positioned to benefit from this new legal framework. Its infrastructure was designed from inception to meet high compliance standards, making it well-aligned with the Act’s goals of safeguarding markets while enabling innovation.

Stablecoins handled approximately $27.6 trillion in transfer volume in 2024, according to a report by CEX.IO, though this figure includes repeated internal transfers and therefore is not directly comparable with Visa and Mastercard’s spending volumes. Their utility in cross-border payments, institutional settlements, and remittances continues to increase, particularly among financial firms seeking faster and more transparent alternatives to legacy payment networks.

ALT5 offers two main platforms: ALT5 Pay, a cryptocurrency payment gateway for merchants; and ALT5 Prime, an electronic trading platform for buying and selling digital assets. As blockchain adoption accelerates, the company expects increased demand for these tools, especially now that policymakers are signalling long-term support through legislation like the GENIUS Act.

ALT5 also expressed support for continued regulatory efforts that promote trust and stability within the digital asset ecosystem, emphasising the need to root out bad actors while providing pathways for responsible actors to grow. With clear rules now on the books, ALT5 Sigma stands to expand its footprint in a rapidly evolving financial landscape.

Leave a Comment

Your email address will not be published. Required fields are marked *

*

OPENVC Logo OpenVoiceCoin $0.00
OPENVC

Latest Market Prices

Bitcoin

Bitcoin

$115,007.86

BTC -0.66%

Ethereum

Ethereum

$4,777.18

ETH 1.39%

NEO

NEO

$6.92

NEO -4.07%

Waves

Waves

$1.28

WAVES -3.54%

Monero

Monero

$267.77

XMR -0.93%

Nano

Nano

$0.97

NANO -0.81%

ARK

ARK

$0.47

ARK 1.59%

Pirate Chain

Pirate Chain

$0.22

ARRR 2.10%

Dogecoin

Dogecoin

$0.23

DOGE -1.60%

Litecoin

Litecoin

$120.21

LTC -1.24%

Cardano

Cardano

$0.91

ADA -1.84%

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.