#GENIUSActPass LEY GENIUS: MY PERSPECTIVE ON ITS APPROVAL

The recent approval of the GENIUS Act in the United States Senate is, in my opinion, a decisive moment for the future of stablecoins. With a resounding vote of 68 to 30, this legislation seeks to lay the groundwork for clear regulation, consolidating the U.S. position as a leader in innovation and oversight in the crypto world.

Passing through the Senate is a giant step. Now, the ball is in the court of the House of Representatives. If they manage to approve it there, the next step is the President's signature, and boom, it becomes law. Given the goodwill of both parties, I believe we are all optimistic about its future.

What attracts me most about the GENIUS Act are its requirements: stablecoin issuers will have to back each token with equivalent reserves, limited to short-term Treasury bonds or insured deposits. And an important detail: they will not be able to offer yields. For me, these measures are key to ensuring stability, transparency, and, above all, to generating trust in this space.