GENIUS Act: The New Regulation Shaking Up the Stablecoin World! โ๏ธ๐
In June 2025, the United States Senate passed the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) with a strong bipartisan vote of 68-30. This law arrives as a response to the urgent need for strict regulation of stablecoins, which have grown rapidly but with minimal oversight.
What are the new rules under the GENIUS Act?
Full transparency regarding reserve funds
100% reserves matching the value of circulating stablecoins
Mandatory compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations
Only registered and supervised stablecoin issuers are allowed to operate in the US
Tether (USDT) at a Crossroads! โ ๏ธ๐ธ
USDT, the worldโs largest stablecoin with a market capitalization of $156 billion (holding 61.26% of the global stablecoin market), now faces its toughest challenge yet. Tether has long been controversial due to its lack of independent audits and transparency.
What does this mean?
USDT is not immediately banned, but Tether has 18-36 months to comply with the new rules
If it fails, Tether risks being banned from operating in the US โ the worldโs largest stablecoin market!
Tetherโs Choices: Adapt or Retreat? ๐คทโโ๏ธโ๏ธ
Tether now has to choose:
Fully comply with the GENIUS Act, including strict audits and transparency
Create a new stablecoin that meets US regulations
Withdraw from the US market, opening the door for competitors like USDC and RLUSD
What Does This Mean for You? ๐๐ฅ
Stablecoin competition will intensify! USDC and RLUSD are ready to grab market share
Investors must be smarter! Monitor regulations and choose transparent, secure stablecoins
The crypto market will become healthier, but also more regulated and controlled
Conclusion: A New Era for Stablecoins Has Arrived! ๐๐
The GENIUS Act is not just another regulationโitโs a revolution that will reshape the face of stablecoins in the US, and possibly the world. USDT must adapt or risk losing its largest market share. Now is the time for investors and stablecoin users to be more vigilant and smart in choosing their digital assets.
Stay tuned and donโt miss out on important updates in the crypto world! ๐ฅ๐