🚨 GENIUS Act Passes in the Senate – A Historic Step for Stablecoins! 🇺🇸💼
Yesterday, the U.S. Senate officially passed the GENIUS Act, marking the first-ever stablecoin legislation to clear either chamber of Congress after years of debate. The final vote came in at 68–30, mirroring last week’s procedural tally.
🗳️ Key Political Moves:
18 Democrats supported it both times
Senator Mark Kelly, who previously backed the bill, abstained
Senator Jon Ossoff flipped to support it this round
📜 While the House still has its own version—the STABLE Act, with notable differences—this Senate approval is a major milestone for digital asset legislation.
💥 If both chambers can reconcile the bills, it would deliver the first comprehensive stablecoin framework in U.S. history, offering long-awaited regulatory clarity.
📈 Market Response:
The sector is already seeing a boost
Circle’s IPO soared from $31 to around $150
Unconfirmed reports say Amazon, Walmart, and DTCC are exploring their own stablecoins
Apple, X (Twitter), Airbnb, and Google are reportedly considering integrating them
This could be the start of a new era in crypto adoption, led by real-world utility and institutional entry.
#GENIUSActPass #Stablecoins #CryptoRegulation #BNB #BTC #ETH #AltcoinSeason #CircleIPO #Web3Adoption
