$USDC USDC and the GENIUS Act: From Shadows to the Main Stage

The passage of the GENIUS Act by the US Senate in June 2025 marks an important milestone in cryptocurrency regulation, particularly for stablecoins. Amid years of legal uncertainty, the US has finally begun to provide a clear and firm legal framework. In this new landscape, USDC from Circle emerges as one of the key players most ready to reap the benefits.

Unlike other stablecoins that are often criticized for lacking transparency, USDC has positioned itself from the outset as a regulatory-compliant stablecoin. The 1:1 reserves held in cash and US government bonds, regular audits, and transparent reporting mean that USDC does not need to make significant adjustments to new rules. The GENIUS Act actually strengthens USDC's position as a trusted stablecoin in the eyes of regulators and financial institutions.

The impact is felt immediately. After the bill was passed, Circle's stock surged significantly—indicating that investors view the GENIUS Act as a catalyst that will drive wider adoption of USDC. Major companies, banks, and payment platforms now have a clear legal basis to integrate stablecoins into their systems, and USDC is the leading candidate.

However, this does not mean USDC is free from challenges. This regulation also raises public expectations regarding stability and liquidity. If there are market upheavals, such as a massive run on stablecoins, then issuers like Circle must be able to ensure liquidity of reserves without disrupting the government bond market.

With the GENIUS Act, stablecoins are no longer in a gray area. And USDC, which has chosen a clear path from the beginning, now receives a well-deserved spotlight—not only as a digital asset but as a representation of the US dollar in blockchain form.