In 2025, the US is taking a confident step towards full regulation of digital assets. The Senate is considering a key piece of legislation — the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), which could become the first major regulatory act governing stablecoins at the federal level.
📜 What does the GENIUS Act propose?
This bill aims to establish a transparent and reliable infrastructure for stablecoin issuers. Key provisions:
• 100% liquid reserves: Each issued stablecoin must be backed by a dollar or an equivalent in safe assets — treasury bonds and cash.
• Financial reporting: Mandatory audits and disclosure of reserve composition on a regular basis.
• Rights of holders: In the event of a company's bankruptcy, stablecoin owners are the first to get their money back.
• Combating financial crimes: Strict KYC/AML compliance.
• Limiting the influence of Big Tech: Large tech corporations will not be able to uncontrollably launch their own digital currencies.
🇺🇸 Why is this important?
More than 99% of stablecoins in the world are pegged to the US dollar. The adoption of #GENIUSAct will strengthen the position of the dollar as the main global currency — not only in the real economy but also in the digital space. This is a step towards turning stablecoins into an officially recognized tool for global settlements.
🧠 What’s next?
After revisions and consideration of comments, a vote on the law may take place before May 26, 2025. Support is expressed by both Democrats and Republicans. Key senators call this law 'a necessary foundation for the future of the US digital economy.'
🟡 How does this affect crypto users?
• Increased trust in stablecoins
• Safer and more transparent settlements
• Growth of integration between traditional and digital finance
• Additional incentive for global crypto adoption
✊🏽 Every day, the crypto industry is getting closer to broad recognition. The GENIUS Act is an important step towards maturity and transparency. And this is just the beginning.
🖤All rights reserved. Do not use or repost without permission. © NaBitok 2025