🚨 BREAKING: Congress Passes GENIUS Act — A Historic Win for U.S. Crypto & Stablecoins 🇺🇸🔥
In a landmark move for the crypto industry, Congress has officially passed the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) — the first major federal crypto regulation in U.S. history, aimed squarely at the stablecoin sector.
Backed by President Donald Trump, the Act requires all stablecoin issuers to maintain full 1:1 reserves, bringing long-awaited clarity and guardrails to a market that has grown rapidly with little oversight.
💥 Why this is huge:
• Creates the first nationwide framework for U.S. stablecoins
• Could fuel a $2 TRILLION stablecoin market
• Opens the door for banks, fintech, and crypto firms to participate legally
• Sets the stage for “regulated digital dollars” across the economy
But not everyone is cheering. Critics warn the bill could introduce new financial risks — and point to potential conflicts of interest, with Trump-connected companies like World Liberty Financial set to benefit from explosive stablecoin demand.
Still, lawmakers on both sides saw the Act as a necessary first step toward regulating an industry that has operated in a gray zone for years.
📌 Bottom line:
Love it or hate it, the GENIUS Act just reshaped the future of U.S. crypto — and the stablecoin wars are officially underway.
$TRB $XVG $DASH #Write2Earn!