#GENIUSActPass "GENIUSActPass" refers to the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS) which has recently been passed by the U.S. Senate. This is a significant development in the world of cryptocurrency.

Here's a breakdown of what it means:

Regulation of Stablecoins: The primary goal of the GENIUS Act is to establish a clear regulatory framework for stablecoins in the United States. Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar.