GENIUS稳定币法案

The stablecoin bill has passed, and everyone has started chasing tokens related to stablecoin concepts.

$AAVE launched its own stablecoin $GHO;

$ENA has always had its own stablecoin, one of the biggest Ponzi schemes this round;

$USUAL reportedly had its stablecoin depegged before, but it's unclear how it is now;

$FXS is considered the only surviving stablecoin from the stable era;

$LQTY is also considered to be the lowest market cap existence with stablecoin business;

$CRV forgot that its stablecoin hasn't gone live;

The above are what I found, feel free to add more.

ps: Last week everyone was chasing staking, this week it's stablecoins, and who knows what will happen next week.

#GENIUS稳定币法案

Next, pay attention to the stablecoin market during pullbacks‼️‼️
Select leading projects for strong positioning

1. Aave
Issued the stablecoin $GHO

2. ENA
One of the largest Ponzi schemes in this round

3. FXS
The only surviving stablecoin from the era of stablecoin algorithms, not considered strong

4. LQTY
Not a leader, with a relatively low market cap

5. CRV
Established DeFi, stablecoin #GENIUS稳定币法案

Key Events Related to the Cryptocurrency Circle on May 20
1. Market News: The final vote on the U.S. Senate GENIUS Stablecoin Bill may take several weeks
2. The People's Bank of China has lowered the one-year and five-year LPR by 10 basis points
3. The Believe ecosystem has siphoned off the activity of Pump.fun, with Jito validators' daily income from tips reaching $3.6 million
4. Jupiter announces it has aggregated the time tokenization platform time.fun for trading
5. SEC Chairman: Will draft rule proposals related to cryptocurrency, no longer fearing innovation in the cryptocurrency space

AAVE MASK ALPHA
#GENIUS稳定币法案

The GENIUS stablecoin bill has been passed!

The bill provides five core benefits for USD1: regulatory clarity, market trust, dollar hegemony, flexible development, and security guarantees.

Compared to USDT, which has transparency controversies, USD1 is expected to attract more institutional and retail users.

Challenging USDT's dominant position, pushing the WLFI ecosystem market value to the top three!

WLFI, as a governance token, will greatly appreciate due to the explosion of USD1.

#GENIUS稳定币法案 #Strategy增持比特币

The big coin is consolidating at a high position. When will it reach a new high? The market's confidence will recover, and then it will completely ignite the market trend for the second half of the year.

Currently, the conditions for a bull market in the second half of the year are already in place:

FTX will release $5 billion in liquidity at the end of the month;
Expectations of interest rate cuts by the Federal Reserve in the second half of the year;
The stablecoin bill in the United States has been passed;
The credit crisis in the U.S. has benefited gold and the big coin continuously;

These are all certain events, of course, there are other potential favorable factors. In short, there are great opportunities in the second half of the year. Everyone must not fall before dawn, stay away from contracts, and maintain necessary cash flow.

I repeatedly emphasize that every decline is the best opportunity. After the big coin reaches a new high, altcoins will experience explosive growth, so everyone should seize this rare opportunity.

#GENIUS稳定币法案 #Strategy增持比特币

On May 20, 2025, the U.S. "GENIUS Stablecoin Act @replace=10001" was passed by the Senate with a vote of 66 to 32, ending the motion to terminate debate (cloture) and clearing a key hurdle for final legislation. The bill aims to establish a federal regulatory framework for stablecoins, with core provisions including: requiring issuers to maintain a 1:1 dollar or highly liquid asset reserve, implementing anti-money laundering compliance, prohibiting misleading advertising of FDIC insurance, and restricting non-fintech companies (such as Meta) from issuing stablecoins unless they meet strict risk control and privacy protection conditions. The bill adopts a dual-track regulatory model, where issuers with a market capitalization exceeding $10 billion must comply with federal oversight, while smaller institutions can choose state-level regulation. The current focus of controversy centers on potential conflicts of interest regarding the USD1 stablecoin associated with the Trump family, with Democratic lawmakers questioning the bill's regulatory loopholes. If passed, the bill will reshape the global cryptocurrency market landscape, promote industry consolidation, and reinforce the dominance of the dollar on-chain.

As expected, the GENIUS stablecoin bill has officially landed, and cryptocurrency compliance regulation will usher in a watershed moment! Bull markets always arrive amidst skepticism.

#GENIUS稳定币法案 #稳定币立法

The GENIUS Stablecoin Act has passed the Senate vote in the United States and still needs the green light from the House of Representatives and the President.

On the morning of May 20, Beijing time, the United States Senate voted 66 in favor and 32 against, passing the cloture motion for the GENIUS Act stablecoin bill. Currently, although the GENIUS Act stablecoin bill has not been officially signed into law, the success of the cloture motion has paved the way for the legislation. If it successfully passes, the bill will not only become the first federal-level stablecoin regulatory framework in the United States but may also reshape the entire stablecoin market landscape.

The core contents of the bill include:

1. The bill defines payment stablecoins as digital assets used for payment or settlement. Such assets are anchored to a fixed currency value and are fully backed by U.S. dollars or other approved high-quality liquid assets at a 1:1 ratio.

2. Licensing and Regulation: The bill establishes a clear application procedure for issuance licenses, providing guidance for institutions seeking to issue stablecoins. It introduces a "dual regulatory framework," allowing issuers to choose to register at the state or federal level. Issuers with a market capitalization exceeding $10 billion will be subject to federal regulation. Issuers with a market capitalization below $10 billion may choose to continue operating under the state regulatory framework, provided their state regulatory standards are largely consistent with federal requirements.

3. Reserve Requirements: Stablecoin issuers must maintain a 1:1 reserve ratio, using high-quality liquid assets such as cash, short-term U.S. Treasury securities, or central bank deposits as reserve assets. Reserve funds must be managed separately from operational funds and must be certified monthly.

4. Transparency: Issuers must publicly disclose their reserve assets and redemption policies.

5. Anti-Money Laundering (AML) Compliance: The bill classifies stablecoin issuers as financial institutions under the Bank Secrecy Act, requiring them to fulfill comprehensive anti-money laundering obligations, including consumer identity verification, due diligence, and suspicious activity reporting.

6. Consumer Protection: In the event of issuer bankruptcy, holders of stablecoins will have priority over other creditors for repayment.

7. Regulatory Jurisdiction Definition: The bill clearly states that payment stablecoins are not considered securities, commodities, or investment companies under current federal law.
#GENIUS稳定币法案

Overview of Key Events in the Cryptocurrency Sphere on May 20
1. Vote on the GENIUS Stablecoin Bill in the U.S. Senate Likely to be Delayed
According to market news, the final vote on the GENIUS stablecoin bill in the U.S. Senate may not take place immediately, but will require several weeks to complete. This indicates that despite the high attention on the bill, its passage will still require some time for discussion and review.
2. People's Bank of China Lowers LPR Rate
The People's Bank of China announced a 10 basis point reduction in the one-year Loan Prime Rate (LPR). This move aims to further support economic growth and provide a more accommodative monetary policy environment.
3. Believe Ecosystem Attracts a Large Number of Users, Jito Validators Earn Richly
As the Believe ecosystem gradually siphons off active users from Pump.fun, Jito validators' daily tip income has reached an astonishing $3.6 million. This demonstrates that emerging platforms in the cryptocurrency space can quickly attract traffic and generate substantial income.
4. Jupiter Integrates time.fun Platform
The decentralized trading platform Jupiter announced that it has successfully aggregated the trading functions of the time tokenization platform time.fun. This means that users can now access and trade products on time.fun through Jupiter, increasing market diversity and liquidity.
5. SEC Chairman States New Rules for Cryptocurrency Will be Formulated
The Chairman of the U.S. Securities and Exchange Commission (SEC) revealed that the SEC plans to draft new rule proposals to better regulate the cryptocurrency industry. He stated that the SEC is no longer fearful of innovation in the cryptocurrency space and is prepared to take action to ensure investor protection and market fairness.
This concludes today's important news summary in the cryptocurrency sphere. We hope this helps you better grasp market dynamics and make corresponding investment decisions. Remember to keep an eye on the latest news and adjust your strategy based on actual conditions. #GENIUS稳定币法案 #Strategy增持比特币

Today, on #GENIUS稳定币法案 , there was a major event in the crypto world that everyone is paying attention to: the Stablecoin "GENIUS Act" passed the motion vote. This act originally had no controversy between the two parties, mainly covering three points:

Ensure stablecoins are backed by 1:1 reserves and improve transparency.

Implement anti-money laundering (AML) and consumer protection measures.

Consolidate the United States' leadership in global digital finance.

Let me explain the importance of the stablecoin act: 1. First, stablecoins are the strongest surplus in crypto.
Stablecoins themselves are the most successful applications and are also RWA applications! USDC, USDT, and others are products that tokenize the US dollar, a "real-world asset". We know that the core of RWA is compliance, so the stablecoin act clarifies the legal status of the most basic RWAs like stablecoins, laying the legal foundation for the entire RWA sector.
Other assets like stocks/bonds, as long as they meet the 1:1 reserve support and anti-money laundering requirements, should subsequently be approved. ~2. Compliance channels opened.
The act establishes a clear registration and regulatory mechanism, which means:
- Traditional financial institutions can compliantly tokenize assets
- There is now a clear legal bridge between on-chain and off-chain worlds
- Large institutions can enter with confidence, bringing more high-quality assets
- Web2 users can completely compliantly exchange fiat for stablecoins.
3. Enhanced liquidity.
Stablecoins are the lifeblood of on-chain liquidity. Currently, with over 200 billion in stablecoin size, it supports a 30 trillion cryptocurrency market valuation. Previously, U.S. Treasury Secretary Basant predicted that compliant stablecoins will reach an issuance scale of 2 trillion dollars within a few years, providing abundant liquidity for the crypto market.
4. Trust mechanism established.
The stablecoin act requires strict reserve management and auditing; this transparent mechanism can be applied in other scenarios, enhancing the trust level of the entire crypto industry, especially in the RWA market, addressing traditional financial institutions' lack of trust in blockchain assets.
However, this act has not yet been formally passed, and the official Senate vote will take place on May 22. Interested individuals can pay attention to this date.

The large cake is consolidating at a high position, and when it reaches a new high, the market's confidence will be restored, igniting the market trend for the second half of the year.

Currently, the conditions for a bull market in the second half of the year are already in place:

FTX will release $5 billion in liquidity at the end of the month;
The Federal Reserve is expected to lower interest rates in the second half of the year;
The stablecoin bill in the United States has been passed;
The U.S. credit crisis continues to benefit gold and large cakes;

All of the above are certain events, and there are also other potential benefits. In short, there are great opportunities in the second half of the year, so everyone must not fall before dawn, stay away from contracts, and maintain necessary cash flow.

What I emphasize repeatedly is that every drop is the best opportunity. After the large cake reaches a new high, altcoins will experience explosive growth, so everyone should seize this rare opportunity.

#GENIUS稳定币法案

5.20 Today's Hot Topics, please sign for receipt~

1. CME Group has launched XRP futures

2. Google releases NotebookLM app for Android and iOS

3. U.S. SEC Chairman reflects on crypto regulation: from 'ostrich policy' to proactive reform, will integrate FinHub functions

4. Dubai Virtual Assets Regulatory Authority controls crypto margin trading and updates regulatory rulebook

5. Solana Labs spin-off company Anza proposes Alpenglow plan, referred to as 'Solana'

6. U.S. Senate passes procedural motion, GENIUS stablecoin bill enters formal review stage

7. Circle is seeking acquisition bids from Coinbase and Ripple, with an expected valuation of at least $5 billion

8. Jupiter announces it has aggregated time tokenization platform time.fun trading

9. Farcaster verification feature is about to go live, becoming a prerequisite for weekly rewards and participation in airdrops

10. Strategy spends $764.9 million to increase holdings of 7,390 bitcoins

11. CoinShares: Last week, inflow of digital assets reached $785 million, marking the fifth consecutive week of inflows

12. JPMorgan CEO: Will allow clients to purchase bitcoin, but will not donate or offer custody services

13. Market news: Final vote on U.S. Senate GENIUS stablecoin bill may take several weeks

14. People's Bank of China rolls over both one-year and five-year LPR by 10 basis points

15. Believe ecosystem siphons off Pump.fun activity, Jito validators' daily tip income reaches $3.6 million

16. Jupiter announces it has aggregated time tokenization platform time.fun trading

17. U.S. SEC Chairman: Will draft proposals for rules related to cryptocurrency, no longer fearful of innovation in the cryptocurrency space

#GENIUS稳定币法案

15 Democratic lawmakers switch sides to support, U.S. stablecoin legislation successfully advances

Silicon Valley legendary investor, referred to as the "Crypto Tsar" by insiders, David Sacks passionately posted on platform X: "Tonight belongs to blockchain history!" The bill he supports, the "GENIUS Stablecoin Act," dramatically overcame procedural hurdles in the Senate, with 15 Democratic lawmakers suddenly switching sides, including key swing votes Cortez Masto and tech policy pioneer Adam Smith, allowing this critical legislation, which had been shelved for three years, to finally reach the full Senate voting stage.

Republican lawmaker Hagerty, backed by think tanks from both Wall Street and Silicon Valley, launched an 83-day lobbying blitz on Capitol Hill. They cleverly tied the stablecoin framework to artificial intelligence regulation, playing the politically correct card of a "digital dollar defense," successfully prompting moderate Democrats to switch sides. It’s worth noting that just three months ago, the chair of the Senate Banking Committee had vowed to fully block cryptocurrency legislation.

Deep dive into the bill's nuances:
1️⃣ Innovates a "dual-track" regulation: bank-backed stablecoins and algorithmic stablecoins operate on separate tracks, with USDC issuer Circle likely to obtain the first national license.
2️⃣ New weapon for dollar hegemony: mandates that all compliant stablecoins are 100% backed by dollar assets, targeting Tether's offshore market share.
3️⃣ Lays the groundwork for DeFi: reserves a "regulatory sandbox" for decentralized stablecoins, with venture capital firms like a16z already secretly laying out related technical standards.

Interestingly, this legislative shift coincides with traditional asset management giants like BlackRock and Fidelity significantly increasing their holdings in Bitcoin spot ETFs. Goldman Sachs analysts revealed that if the bill ultimately passes, it could unleash $200 billion of institutional capital into the market, truly realizing the "Wall Streetification" transformation of cryptocurrencies.

#GENIUS稳定币法案

Will Bitcoin break through 110,000 next? Escaping the peak is often more crucial than bottom fishing.

Today's market highlights to focus on:

1. The market experienced a strong rebound after a pullback yesterday, with Bitcoin only 1000 points away from its previous high, and Ethereum returning to 2500+! CEX altcoins generally follow BTC's trend, with the core logic still being 'BTC new high = altcoins take off.'
2. The adjustment of mainstream coins is basically over, and the AI sector can continue to be monitored. The previously recommended ACT has high volatility and carries leverage properties, suitable for continued holding; for the DeFi sector, suggest positioning in $SUSHI , 1inch, Uni, expecting a rebound in the short term.

3. The stablecoin bill has been submitted to the Senate, and the market is actively speculating on related concepts, with $FXS , $AAVE, $CRV, $ENA , $LQTY, etc., having strong surges in the past 24 hours. If the bill passes, it will be a significant positive for the crypto market, driving explosive growth in stablecoins and overall market capitalization.
4. On-chain opportunities are limited, primarily taking a wait-and-see approach in the short term, awaiting Bitcoin's challenge of ATH, at which point altcoins may usher in a comprehensive celebration.
5. The review of VANECK's SOL ETF has been delayed by the SEC, but the overall regulatory attitude has softened.
6. The SEC chairman has signaled: will draft crypto rules, with a more open attitude, encouraging innovation.
7. Farcaster is about to launch wallet verification features, requiring a holding of $25+.
#GENIUS稳定币法案

Breaking News: 🇺🇸 The U.S. Senate officially passed the stablecoin bill, now we just wait for the House of Representatives (likely to pass) and Trump's signature.
Once this bill is passed, it may lead to Bitcoin becoming a bank reserve asset sooner!
Previously supported, it will soon be fully compliant #GENIUS稳定币法案

【2025.5.20 Crypto Market Highlights】

1. CME has launched XRP futures
2. Google releases NotebookLM native applications for Android and iOS
3. SEC Chairman reflects on crypto regulation: from 'Ostrich Policy' to proactive adaptation, will integrate FinHub functions
4. Dubai Virtual Assets Regulatory Authority strengthens control over crypto margin trading and updates regulatory rules handbook
5. Solana Labs spin-off company Anza proposes the Alpenglow plan, dubbed 'the biggest change to the Solana core protocol'
6. The U.S. Senate passes procedural motion, GENIUS Stablecoin Bill enters formal review stage
7. Circle is seeking acquisition offers from Coinbase and Ripple, hoping for a valuation of at least $5 billion
8. Jupiter announces the aggregation of the time tokenization platform time.fun for trading
9. Farcaster verification function is about to launch, which will become a necessary condition for weekly rewards and participation in airdrops
10. Strategy invests $764.9 million to increase holdings of 7,390 bitcoins
11. CoinShares: Last week's inflow of digital assets reached $785 million, marking the fifth consecutive week of inflows
12. JPMorgan CEO: Will allow clients to buy bitcoin, but will not provide custody services
#BTC挑战11万大关 #Strategy增持比特币 #GENIUS稳定币法案

Stablecoin legislation will benefit the entire DeFi ecosystem. #GENIUS稳定币法案

Continue with the big pancake
Last night was bullish, this morning is bearish
Both long and short positions can profit

The passage of the stablecoin bill will bring a large influx of capital into the market
How do stablecoins generate returns? Let me explain.

The simplest staking:
It's like depositing money in a bank for interest; the issuer of stablecoins lends your money to those in need and shares the interest with you.
Deposit USDC into the Aave lending platform, others borrow it and pay interest, and you receive an annualized return of 3-5%.

Arbitrage:
Although stablecoins are pegged to 1 dollar, there are slight price fluctuations across different platforms, and professional institutions engage in large-scale "arbitrage" to profit from the price differences.

Hedge Funds:
Using complex financial instruments to hedge risks while earning multiple returns.
Stake sUSDe for ETH to earn interest while shorting ETH futures on the exchange, profiting from funding rates.

What other operations are there?
Feel free to add
#GENIUS稳定币法案

Many people read this report and asked how many tokens they have not received, and how many will be reissued tomorrow! I would like to remind you that this is an estimate based on the number of coins held in Binance wallets. If there are 10,000 coins in Binance wallets, and today's official announcement says that each person will receive 100 coins, then he estimates that 1,000 people meet the threshold, and then reduces the number of people who receive the coins based on the number of coins held. This is very uncertain, because sometimes Binance will keep a large amount for future marketing activities!!! So I feel that the reissued coins are definitely less than he estimated, and the official said that if each person's reissued tokens are less than 10u, they will not be issued!!! So you can use the above data as a reference, but don't trust it too much!!!