On March 7, 2023, the U.S. Senate passed the Stablecoin Genius Act with a final vote of 68 to 30. The bill will next be sent to the House of Representatives for a vote, and if approved, it will be submitted to Trump for signing into law.

This is a significant event and turning point in the history of human finance, and many may not yet realize the impact it will have on people's lives.

The rules of traditional capital financing (finance) will change, including transactions, payments, settlements, and value storage; the recognition of asset ownership in the real world, the issuance and trading of securities; the registration of company equity, voting, and dividend distribution... all will undergo changes.