#GENIUSActPass The GENIUS Act has passed the US Senate with a 68-30 vote, establishing a federal regulatory framework for stablecoins. This bill requires stablecoins to be fully backed by liquid assets like US dollars or short-term Treasury bills and mandates issuers to disclose reserve compositions monthly. The GENIUS Act aims to enhance transparency, protect consumers, and bolster the role of the US dollar in digital transactions ¹.

*Key Implications:*

- *Stablecoin Regulation*: The GENIUS Act sets a regulatory framework for stablecoins, potentially increasing transparency and consumer protection.

- *Market Impact*: Analysts believe this could lead to a reshuffle in stablecoin dominance, with US-based stablecoins like USDC gaining market share.

- *Institutional Investment*: Regulatory clarity may fuel capital inflows into compliant DeFi and stablecoin infrastructure.

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