The US Senate passed the "GENIUS Act" with a high vote of 68:30, completely ending the era of "wild growth" for stablecoins. The core of the bill has two points: 1:1 dollar reserves + federal licensing, directly forcing Tether to move its headquarters to El Salvador overnight, while USDC happily accepts compliance dividends. This regulatory earthquake is not about "industry standards," but the beginning of the United States using dollar hegemony to harvest the on-chain world.