🇺🇸 #GENIUSActPass – A Landmark Win for Stablecoins

The U.S. Senate has officially passed the GENIUS Act with strong bipartisan support (68–30), signaling a major shift in crypto regulation. The bill introduces the first federal framework for stablecoins, requiring 1:1 reserves, monthly audits, and strict AML/sanctions compliance. It also bans lawmakers—but not the President—from holding stablecoins to prevent conflicts of interest. Market reaction has been bullish: Coinbase shares surged 16%, and Circle rallied 27%. As the bill heads to the House and awaits President Trump’s signature, this could redefine stablecoin legitimacy in the U.S. 🚀