#GENIUSActPass

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) passed the U.S. Senate on June 17, 2025, by a 68-30 vote.

It aims to create a federal regulatory framework for stablecoins, requiring them to be fully backed by liquid assets, undergo audits, and disclose reserves, enhancing consumer protection and solidifying the U.S. dollar's global standing. The bill now moves to the House for further consideration.