The U.S. Senate has passed the GENIUS stablecoin bill with a 68-30 vote, marking a major step forward in crypto regulation. The bill gained strong bipartisan support and sets strict legal standards for stablecoin issuers operating in the U.S. It now heads to the House of Representatives and may be paired with the broader Digital Asset Market Clarity Act. According to TRM Labs, stablecoins account for over 60% of current crypto transactions, with most pegged to the U.S. dollar.

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