#GENIUSActPass The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is a landmark bipartisan bill that passed the U.S. Senate on June 17–18, 2025, by a vote of approximately 68–30 .

It outlines a federal regulatory framework for payment stablecoins—digital tokens backed 1:1 by liquid assets like U.S. dollars or short-term Treasuries .