Predicted Increase in Crypto Growth in 2025 Due to Stablecoins and Tokenization, as Foreseen by the CEO of VanEck
Hitting the Crypto Jackpot in 2025: Are Stablecoins Our Ticket?
Get ready to embrace the crypto landscape in 2025, as stablecoins are slated to make a big splash, according to Jan van Eck, CEO of VanEck. During a chat with Anthony Pompliano at Bitcoin Investor Week, van Eck highlighted the impact of the ongoing legislative initiatives to control stablecoins. He was particularly enthusiastic about the progress of Senator Bill Hagerty's (R-TN) Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
However, van Eck voiced fears about potential resistance from U.S. banking regulators. He warned that they might try to nix the bill or impose strict rules, requiring only banks to issue stablecoins. "I'm worried US banking regulators will try to kill the bill or say you have to be a bank to issue a stablecoin," he commented.
Tokenization: The Future of Asset Management?
Aside from stablecoins, Van Eck sees immense potential in asset tokenization. He believes that transforming traditional financial assets into tokens utilizing blockchain technology could foster significant innovation. While Europe has made strides in this area, their reliance on traditional banking institutions still imposes limitations.
"A lot of what's been allowed in Europe regarding tokenization - they still say, 'Well you have to be tethered to the traditional financial system because of the clearance mechanisms and things like that,'" van Eck explained.
He remains hopeful that the U.S. Securities and Exchange Commission (SEC) will follow through on its promises to nurture blockchain innovations. "If Hester Peirce and the SEC do what they say they're going to do... I don't think we can imagine how much change there's going to be in terms of tokenization of assets," he added.
Van Eck thinks that embracing blockchain for asset ownership and management could usher in new levels of efficiency and innovation. "That's revolutionary. That will allow a lot of innovation to happen," he concluded.
The GENIUS Act: A Regulatory Leap Forward?
As of May 2025, the GENIUS Act, introduced by Sen. Bill Hagerty (R-TN), aims to establish a federal framework for regulating payment stablecoins. Despite initial bipartisan support, the bill has faced obstacles, failing to gain the necessary 60 votes required to proceed[3][5].
If passed, the GENIUS Act could significantly impact stablecoin issuers, providing a clear federal framework, enhancing consumer protection, and shaping industry structure. However, the current legislative stalemate suggests that the bill's future is uncertain, with its potential impact remaining speculative[5].
With regulatory progress and advancements in tokenization, 2025 could mark a transformative year for the crypto industry. So, buckle up and get ready to ride the crypto wave!
As Van Eck suggests, the potential of asset tokenization through blockchain technology could foster significant innovation in the finance sector. However, the progress of the GENIUS Act, designed to regulate payment stablecoins, is uncertain due to the legislative stalemate it currently faces. This leaves room for investment in these areas, especially technology that streamlines asset management and ownership, as we approach 2025.