The Federal Reserve's latest meeting minutes, released on August 20, 2025, underscore the growing significance of stablecoins in the financial market. The discussions focused on how stablecoins could influence payment systems and market stability. The recent passage of the GENIUS Act is expected to boost stablecoin usage, potentially increasing demand for U.S. Treasuries and enhancing payment efficiency. The GENIUS Act has generated market tensions as stakeholders assess its financial implications. Coincu's research indicates that regulatory advancements in stablecoins could significantly impact the Treasury market by enhancing liquidity and integrating stablecoins into mainstream financial infrastructures.