#GENIUSActPass

GENIUS Act Triumphs!

The U.S. Senate has made history, passing the GENIUS Act on June 17, 2025, with a 68-30 bipartisan vote, establishing the first federal framework for stablecoins like USDC. This landmark legislation mandates 1:1 reserve backing, robust anti-money laundering rules, and consumer protections, ensuring trust in the $238B stablecoin market. Despite concerns over loopholes, supporters, including Sen. Bill Hagerty, hail it as a boost for U.S. financial innovation and dollar dominance. With Circle’s USDC now eyed for futures trading, the Act paves the way for mainstream adoption. The House vote looms—will stablecoins reshape finance? #Write2Earn #GENIUSAct #Stablecoin #Crypto