#GENIUSActPass

What is the campaign?

The Binance campaign focuses on promoting the passage of the GENIUS Act in the U.S. Senate on June 17, 2025, which is a bill to establish a regulatory framework for stablecoins.

Binance explained that the law will contribute to:

Enhancing the United States' position as a global powerhouse in digital currencies,

Accelerating payment transactions,

Opening new innovation and marketing opportunities for industries related to stablecoins.

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Highlights from Binance's content:

1. Industry support: The campaign described the law's goal as "empowering the United States to lead globally in digital currencies," with the possibility of instant payment settlements instead of waiting for days.

2. Market expectations: Nick Tomaino, founder of 1confirmation, emphasized that this law could drive the value of the stablecoin market to achieve growth of up to tenfold.

3. Emission ban: The law includes a ban on non-financial companies (such as Meta or Amazon) from issuing their own stablecoins unless they coordinate with regulatory authorities.