#GENIUSActPass

1. The U.S. Senate approved the GENIUS Act with a 68–30 vote, marking the first major crypto bill to pass the chamber .

2. The legislation aims to establish a regulatory framework for stablecoins, requiring they be fully backed and subject to monthly audits—paving the way for increased safety and adoption .

3. With the bill now headed to the House, it's raising optimism that mainstream financial institutions may soon enter the stablecoin space more confidently .