#GENIUSActPass GENIUS Act Clears the Senate—Crypto Enters the Legislative Big Leagues 🚀

In a bipartisan 68-30 vote on June 17, 2025, the U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, the first comprehensive crypto bill ever to make it through the chamber. If the House adopts—or mirrors—the bill, the U.S. could soon have a federal rulebook for dollar-pegged stablecoins and the platforms that issue them.

Why it matters

Regulatory clarity: A uniform framework could replace today’s state-by-state patchwork, lowering compliance costs and inviting fresh capital.

Dollar diplomacy: Clear rules for USD-backed stablecoins may boost the dollar’s reach in cross-border payments, countering digital-currency competition from abroad.