#USStablecoinBill 🚨 GENIUS ACT 2025: GAME-CHANGER FOR STABLECOINS OR REGULATORY OVERREACH? 🏛️💵

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025) is a major bipartisan push to regulate stablecoins in the U.S.

Here’s what you need to know:

🏦 Issuance Rules: Only licensed entities can issue stablecoins, backed 1:1 with USD or high-quality assets like Treasury bills

🔒 Reserves Must Be Safe: Reserves must be separated from company funds and certified monthly

🏛️ Oversight Structure:

Issuers under $10B market cap can choose state regulation

Above that, they must comply with federal rules within 360 days

👥 Consumer Protection & AML Compliance are mandatory

Political Status:

✅ Passed Senate Banking Committee (18–6) on March 13, 2025

⚠️ 9 Senate Democrats just pulled support over money laundering concerns

Is the GENIUS Act a smart step forward or a risk to crypto innovation?

What’s your take?