📣 #GENIUSActPass – 06/18/2025
Senate gives stablecoin regulation the green light—68–30 bipartisan vote!
✅ 1:1 reserves in Treasuries | 📌 monthly audits | ✅ banks can issue coins
⚠️ Some provisions exempt presidential family—transparency concerns raised
🔜 Next: House vote & STABLE Act reconciliation. Full path to law by August recess?
👇 Thoughts? Will this unlock next-gen payments & institutional stablecoins—or invite loopholes?