The GENIUS Act gives stablecoins real legal backing, paving the way for instant payments, lower fees, and a safer digital dollar you can actually trust.

A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.

Cryptocurrency-related stocks rose in premarket trading on Friday, with shares linked to ether leading the charge after the No. 2 crypto hit a six-month high.

It also opens the door for crypto to leave the speculative Wild West and move into the financial mainstream. Companies like PayPal, Visa, and BlackRock are already building on blockchain rails. Now, they can do it with a legal framework behind them.

Paul Brody, EY Global Blockchain Leader, joins "Worldwide Exchange" to discuss how new U.S. policy is unleashing institutional crypto adoption and boosting demand for Ethereum and stablecoins.

Crypto interest groups spent heavily donating to lawmakers who went on to support crypto legislation on Capitol Hill.