#GENIUSActPass

Major Regulatory Breakthrough Alert!

Today, the U.S. Senate passed the GENIUS Act — the first-ever federal framework for stablecoins — with strong bipartisan support (68–30 vote) . This landmark legislation requires stablecoins to be fully backed by liquid assets, mandates monthly reserve disclosures, and grants holders priority in custodial events or insolvencies.

🔐 What this means for Binance users:

Greater trust & transparency: Stablecoins will now operate under clearer rules, ensuring reserves are sound and transparent.

Stronger market legitimacy: Complete backing and regulatory oversight could help stablecoins earn broader acceptance in payments, remittances, and DeFi.

Faster rollout of innovative services: Institutional-grade frameworks enable more robust stablecoin-based offerings — from savings to cross-border transfers.

Binance has long championed responsible innovation. We welcome this milestone as a necessary foundation for growth — one that can spur safer adoption while supporting financial sovereignty across the globe. 💡