#GENIUSActPass : A New Chapter for Stablecoins 🏛️

On June 17, 2025, the U.S. Senate passed the GENIUS Act with a bipartisan 68–30 vote, marking the first federal regulatory framework for stablecoins . The bill mandates one-to-one reserve backing, monthly transparency reports, audited financials for larger issuers, and safeguards against conflicts of interest, excluding lawmakers and execs . It also opens the door for banks, fintechs, and even foreign firms to issue regulated digital dollars . Circle’s IPO surged, climbing over 5× its debut price, signaling growing institutional confidence . With support from Amazon, Walmart, Visa, and Mastercard, this milestone brings legal clarity and paves the way for wider adoption. Now headed to the House and President Trump, the GENIUS Act is a watershed moment for stablecoin integration in mainstream finance.

#CryptoRegulation #Stablecoins #FinancialInnovation