$USDC GENIUSActPass BREAKING: US SENATE PASSES THE GENIUS ACT — STABLECOIN LEGISLATION APPROVED 🇺🇸🪙📜
What’s the GENIUS Act?
🧠 GENIUS = Guaranteeing Essential Non-bank Issuance of United States Stablecoins
A major new law that regulates stablecoins — cryptos like USDC and USDT that are pegged to the US dollar.
🔍 What it means:
🔹 Establishes clear rules for issuing and managing stablecoins, especially for non-bank entities
🔹 Enforces stronger consumer protections — reducing scams and boosting transparency
🔹 Supports responsible innovation without stifling crypto technology
🔹 Paves the way for mainstream adoption of crypto payments and decentralized finance (DeFi)