Genius Group, a Bitcoin wealth management firm listed on NYSE American, has announced plans to issue a stablecoin and expand its digital asset services. The company aims to become a non-bank licensed payment stablecoin issuer and digital asset service provider through its holding company or a wholly-owned subsidiary. This initiative is part of the 'GENIUS Act' strategy. In addition to issuing a stablecoin, Genius Group plans to enhance the Genius wallet's capabilities to support cross-border stablecoin transactions, moving beyond its current GEM token functionality. The firm currently holds 200 Bitcoin, valued at approximately $23 million, with Bitcoin priced at $113,000 each.