#GENIUSActPass
Great and surprising NEWS for Stablecoins!
The U.S. Senate has just passed the GENIUS Act — the first federal law on stablecoins! 🇺🇸✅
■Summary:
• ✅ Bipartisan vote 68‑30
• 💰 1:1 Reserve backing
• 📆 Monthly transparency reports
■Market response:
• Circle (USDC) rose +16%
• Coinbase shares jumped +17%
■ How it affects your trading:
• Stablecoins become safer and more reliable
• Expect better liquidity and widespread adoption
• But volatility may increase around news and updates