#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 force in digital currencies,

Accelerating payment transactions,

Opening new opportunities for innovation and marketing 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 "enabling the United States to lead globally in digital currencies," with the potential for instant payments instead of waiting for days.

2. Market expectations: Nick Tomaino, founder of 1confirmation, highlights that this law could drive the value of the stablecoin market to grow by as much as ten times.

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.