The world of digital assets is evolving rapidly, and at the center of this transformation are stablecoins—digital currencies designed to maintain a stable value, often pegged to traditional fiat like the U.S. dollar. Among the emerging names in this space is Genius Act (StableCoin), a decentralized digital currency built on blockchain technology. Whether you're a seasoned investor or just beginning to explore the crypto landscape, understanding the price dynamics, market performance, and regulatory context of Genius Act is essential.
StableCoin Price Performance in USD
As of now, the current price of Genius Act (StableCoin) is $0.00010801**, reflecting a remarkable **+209.27% increase over the past 24 hours**. This surge highlights the volatile yet potentially rewarding nature of emerging digital assets. With a **circulating supply of 999,999,968 StableCoin** and a **maximum supply capped at the same amount**, the **fully diluted market capitalization** stands at **$108,007.32. Prices are updated in real time, allowing investors to track movements and make informed decisions.
👉 Discover real-time price trends and market insights for top digital assets.
What Is Genius Act (StableCoin)?
Genius Act (StableCoin) operates as a decentralized digital currency, leveraging blockchain technology to enable secure, transparent, and borderless transactions. Unlike traditional fiat currencies controlled by central banks, Genius Act functions independently of government or institutional oversight, offering users greater financial autonomy.
While many stablecoins aim to maintain a 1:1 peg with the U.S. dollar, Genius Act appears to be in an early development or speculative phase, given its current price volatility and market cap. This positions it as a high-risk, high-potential asset rather than a traditional stablecoin like USDT or USDC.
Why Consider Genius Act (StableCoin)?
Investing in decentralized digital currencies like Genius Act offers several potential advantages:
- Decentralization: Freedom from central authority control reduces the risk of censorship and monetary manipulation.
- Transparency: Blockchain technology ensures all transactions are publicly verifiable.
- Global Accessibility: Anyone with internet access can participate in the ecosystem.
However, it's crucial to recognize that cryptocurrencies are inherently volatile. Prices can swing dramatically based on market sentiment, adoption rates, and regulatory developments. As such, thorough research and risk assessment are vital before allocating funds.
👉 Stay ahead of market shifts with advanced crypto analytics and live price tracking tools.
The GENIUS Act: Regulatory Context and Market Impact
Despite sharing a similar name, it's important to distinguish between Genius Act (StableCoin) and the GENIUS Act, a proposed U.S. federal bill: Guiding Establishing National Innovation for US Stablecoins Act. This legislation aims to create a clear regulatory framework for stablecoin issuers, requiring 1:1 U.S. dollar reserve backing, regular audits, and compliance with anti-money laundering (AML) standards.
While the bill does not directly govern Genius Act (StableCoin), its passage could significantly influence investor confidence in the broader stablecoin market. Regulatory clarity often leads to increased institutional adoption, improved security standards, and long-term price stability across digital assets.
How to Buy and Store StableCoin
Currently, StableCoin is not available for purchase on OKX. However, investors may be able to acquire it through alternative cryptocurrency exchanges or peer-to-peer marketplaces. Always verify the credibility of the platform and ensure secure transaction practices.
Once purchased, storing your StableCoin securely is critical. Crypto wallets come in two main types:
- Hot Wallets: Software-based wallets connected to the internet (e.g., mobile or desktop apps). Convenient for frequent trading but more vulnerable to hacking.
- Cold Wallets: Hardware-based wallets that store assets offline. Ideal for long-term holding due to enhanced security.
Regardless of your choice, enable two-factor authentication (2FA) and keep your private keys confidential.
👉 Learn how to securely manage your digital assets with expert-backed strategies.
Frequently Asked Questions (FAQ)
What’s the current price of Genius Act?
The current price of 1 StableCoin is $0.00010801, with a +209.27% change in the last 24 hours. This reflects high short-term volatility typical of early-stage digital assets.
Can I buy StableCoin on OKX?
No, StableCoin is currently not listed on OKX. To stay informed about future listings, monitor official announcements or sign up for exchange notifications.
Why does the price of StableCoin fluctuate?
Like all cryptocurrencies, StableCoin’s price is driven by market supply and demand dynamics. Factors such as trading volume, investor sentiment, news events, and broader market trends contribute to price movements.
How much is 1 Genius Act worth today?
One Genius Act (StableCoin) is worth $0.00010801 USD today. For live updates and historical data, refer to trusted crypto tracking platforms.
Is Genius Act a true stablecoin?
Based on its current price volatility and lack of peg to a fiat currency, Genius Act does not behave like a traditional stablecoin. It may be a speculative token using “StableCoin” in its branding rather than fulfilling the functional role of price stability.
When was cryptocurrency invented?
Cryptocurrency originated with the launch of Bitcoin in 2009, following the 2008 financial crisis. Created by the pseudonymous Satoshi Nakamoto, Bitcoin introduced a decentralized alternative to traditional finance. Since then, thousands of digital assets—including tokens like Genius Act—have entered the market.
Monitor Crypto Prices with Confidence
Tracking cryptocurrency prices in real time is essential for making timely investment decisions. While third-party data sources provide valuable insights, always cross-reference information and remain cautious of unverified claims.
Digital assets involve significant risk and can experience extreme price fluctuations. Never invest more than you can afford to lose, and consider consulting a financial advisor to align crypto investments with your overall strategy.
By staying informed and using reliable platforms for data and trading, you can navigate the dynamic world of digital finance with greater confidence and clarity.