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The Impact of the GENIUS Act on the Stablecoin Market

U.S. President Donald Trump welcomes the Senate's approval of the GENIUS Act and urges the House of Representatives to pass it "clean" and swiftly — on his desk, without delays or amendments. ⚡️

• What is it? The GENIUS Act is a framework law for the regulatory basis for stablecoins, introducing mandatory reserves and monthly transparent reporting.

• Why is it important? Stablecoins (e.g., USDC and USDT) are the foundational infrastructure for crypto transactions and even traditional payments.

• Market Reaction:

– Circle (USDC) — CRCL shares jumped nearly +34% immediately after the news.

– Bitcoin didn’t lag behind: about –0.4%, but remains around $104,000.

🔍 Historical Fact: Similar regulatory measures were introduced after the Terra and UST scandals in 2022 — at that time, the markets for unstable coins collapsed. It will be interesting to see if the GENIUS Act has a similarly strong effect.

❓ Do you understand the reserve and reporting system for stablecoins?

This move by Trump may instill confidence and legitimacy in the market, especially for USDC and USDT — the approval of the law could give a boost to the stablecoin sector.