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#GENIUSActPa
The GENIUS Act received bipartisan support in the Senate
The U.S. Senate approved the GENIUS Act, the first major cryptocurrency initiative, which received 68 votes in favor and 30 against, and is now headed to the House of Representatives.
The document provides for strict regulation of stablecoins, including full backing of tokens by U.S. dollars or short-term government bonds, annual audits, and transparency requirements.
The bill is supported by both the Treasury and industry representatives, as it promises to strengthen the dollar's position in the digital economy and attract investments.
The GENIUS Act received bipartisan support in the Senate
The U.S. Senate approved the GENIUS Act, the first major cryptocurrency initiative, which received 68 votes in favor and 30 against, and is now headed to the House of Representatives.
The document provides for strict regulation of stablecoins, including full backing of tokens by U.S. dollars or short-term government bonds, annual audits, and transparency requirements.
The bill is supported by both the Treasury and industry representatives, as it promises to strengthen the dollar's position in the digital economy and attract investments.
#GENIUSActPass 🚨 BREAKING: U.S. Senate PASSES Landmark Stablecoin Bill – House Vote Next! 🇺🇸💰**
**The GENIUS Act just cleared the Senate 68-30—setting the stage for MASSIVE crypto adoption!**
### **🔥 Why This Matters:**
✅ **U.S. Dollar Dominance** – Stablecoins will supercharge global demand for USD.
✅ **Bipartisan WIN** – Rare crypto unity in Congress!
✅ **$3.7 TRILLION Market** – Treasury Secretary predicts **explosive growth** by 2030.
✅ **JPMorgan Joins the Game** – Just launched **$JPMD** stablecoin on Ethereum’s Base L2!
**📌 What’s Next?**
The bill now heads to the **House**, where it’s expected to pass—then to **Trump’s desk** for final approval.
**💡 Big Picture:**
This could **lower U.S. debt costs**, boost crypto liquidity, and cement America as the **global leader in digital finance**.
**🚀 Institutional Adoption is HERE** – Are you ready?**
**👇 Drop a 🚀 if you’re bullish on stablecoins!** #GENIUSActPas
#stablecoin #cryptouniverseofficial News #GENIUSActPa #USD #JPMorgan #ToTheMoon
**The GENIUS Act just cleared the Senate 68-30—setting the stage for MASSIVE crypto adoption!**
### **🔥 Why This Matters:**
✅ **U.S. Dollar Dominance** – Stablecoins will supercharge global demand for USD.
✅ **Bipartisan WIN** – Rare crypto unity in Congress!
✅ **$3.7 TRILLION Market** – Treasury Secretary predicts **explosive growth** by 2030.
✅ **JPMorgan Joins the Game** – Just launched **$JPMD** stablecoin on Ethereum’s Base L2!
**📌 What’s Next?**
The bill now heads to the **House**, where it’s expected to pass—then to **Trump’s desk** for final approval.
**💡 Big Picture:**
This could **lower U.S. debt costs**, boost crypto liquidity, and cement America as the **global leader in digital finance**.
**🚀 Institutional Adoption is HERE** – Are you ready?**
**👇 Drop a 🚀 if you’re bullish on stablecoins!** #GENIUSActPas
#stablecoin #cryptouniverseofficial News #GENIUSActPa #USD #JPMorgan #ToTheMoon
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