#USStablecoinBill

The US Senate is currently considering the GENIUS Act of 2025, a bipartisan measure aimed at establishing the first federal regulatory framework for stablecoins. The bill passed the Senate Banking Committee with a vote of 18–6 and is now awaiting full consideration by the Senate. If approved, it could be signed within the next two months, according to White House advisor Bo Hines.  

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🧾 Key provisions of the GENIUS Act

• Authorization of issuers: Only "authorized payment stablecoin issuers" can issue stablecoins, requiring full backing in US dollars or high-quality liquid assets such as Treasury bills. 

• Reserve and transparency standards: Issuers must maintain reserves at a 1:1 ratio, keep them separate from operational funds, and avoid rehypothecation. 

• Compliance with anti-money laundering regulations: Issuers are required to adhere to federal anti-money laundering regulations.

• Marketing restrictions: It is illegal to advertise digital assets as payment stablecoins unless they meet the provisions of the Act. 

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⚠️ Political tensions and ethical concerns

Despite initial bipartisan support, the bill faces opposition from nine Senate Democrats who argue that it lacks sufficient consumer protections and anti-money laundering measures. Additionally, ethical concerns have arisen due to the involvement of World Liberty Financial, a cryptocurrency company partially owned by the Trump family, which is expanding its global presence and may benefit from the passage of the bill.  

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🔮 Forecasts

The GENIUS Act has the potential to significantly impact the future of stablecoin regulation in the US. Its progress remains uncertain, dependent on further negotiations and potential amendments to address concerns raised by various stakeholders.