#GENIUSActPass

GENIUS Act: A Historic Step Toward Stablecoin Regulation in the U.S.

The U.S. Senate has passed the GENIUS Act—short for Guaranteed Electronic USD Issuance and Safeguards Act—marking a major milestone in cryptocurrency regulation. The bill sets strict standards for stablecoin issuers, requiring 1:1 backing with U.S. dollars or Treasury assets, and mandatory annual audits for firms with over $50 billion in circulation.

It also introduces strong anti-money laundering (AML) controls and heightened scrutiny of foreign-issued stablecoins. Experts say the GENIUS Act could pave the way for over $2.5 trillion in institutional inflows into crypto markets, especially boosting sectors like DeFi and tokenized assets.

If passed by the House and signed into law, this act will legitimize stablecoins as a core component of the U.S. financial system—potentially sparking a new crypto bull run.