The approval of the GENIUS law in the Senate with a vote of 68 to 30 marks a turning point for the crypto sector in the United States.
This is the first major legislation in this area to overcome this hurdle, and now it all depends on the decision of the House.
This law could provide clear rules for stablecoins and decentralized platforms.
This not only reduces legal uncertainty but also stimulates institutional adoption.
For currencies like USDC, this represents a huge growth opportunity with formal backing.
Meanwhile, the market is already starting to react.