🇺🇸 The Senate has officially approved the Genius Stablecoin Bill with a 68–30 vote.
-> First Federal Stablecoin Law: It’s the first federal law to regulate U.S. dollar-pegged stablecoins.
-> Allows Private Stablecoins: The bill creates a clear, legal path for private companies to issue digital dollars.
-> Consumer Protection: The law includes full reserve backing, monthly audits, and anti-money laundering checks.
-> More Issuers Allowed: Banks, fintechs, and retailers can now issue stablecoins or use them in payment systems.
Marks a major step forward for U.S. crypto policy and dollar dominance.