The USA Advances Stablecoin Regulation: What Will Change with the GENIUS Act?
The US Senate is actively working on a new bill called the GENIUS Act, aimed at establishing clear rules for the stablecoin market.
🧾 What the GENIUS Act Proposes:
Definition of the term “stablecoin” at the legislative level.
Requirements for collateral (fiat, short-term bonds).
Increased oversight of token issuers.
Protection of investors' and users' rights.
📊 Why This Matters:
Transparency in the stablecoin sector could foster broader institutional acceptance of cryptocurrencies.
If the law is passed, the USDT, USDC, and DAI markets will receive clear frameworks for development in the USA.
🌐 Market Reaction:
Following news of the GENIUS Act, analysts expect stablecoins to strengthen their positions and increased competition among issuers.
