#GENIUSActPass GENIUS Act Pass
🧠 What is the GENIUS Act?
GENIUS stands for Guiding and Establishing National Innovation for U.S. Stablecoins. It’s a bipartisan legislative effort that aims to create the first federal regulatory framework for stablecoins—crypto tokens pegged to the U.S. dollar.
🇺🇸 Senate Passage: Historic Milestone
On June 17, 2025, the U.S. Senate overwhelmingly passed the GENIUS Act by a 68–30 vote, including support from 18 Democrats alongside the Republican majority.
Key provisions include:
Licensing requirements for stablecoin issuersMandatory reserve transparency and full asset backingMonthly audits (especially for large issuers)Dedicated consumer-protection and bankruptcy safeguardsBans on Congress and senior executive officials launching stablecoins—though notably the President and their family are exempt
This marks the most significant federal stablecoin legislation brought to the Senate floor—and passed—so far.
🤔 What’s Driving the Urgency?
Massive Market Potential:
