#我的交易风格 The U.S. Senate ultimately passed the Stablecoin Genius Act with a vote of 68 to 30.

In the past, the perception of stablecoins was, to be honest, not very good. Many people felt they were opaque and unregulated, and even with mainstream stablecoins like USDT and USDC, there have always been questions: Do they really have sufficient reserves? Who is responsible if something goes wrong?

But now, the United States is taking action.

The U.S. Senate ultimately passed the Stablecoin Genius Act with a vote of 68 to 30.

Why is it so important? Because this legislation is not a ban, but rather an attempt at "systematic regulation."

The GENIUS Act requires that all U.S. dollar stablecoins must have a 1:1 full reserve, with assets limited to cash or short-term U.S. Treasury bills. Reserve audit results must be disclosed monthly, and users' funds are prohibited from being misappropriated or re-pledged. Once the market value exceeds $10 billion, it must enter the federal regulatory system. Stablecoins are now treated as "legitimate financial instruments."

Personally, I believe this is a struggle for monetary dominance. The U.S. does not want stablecoins to get out of control, nor does it want to be outpaced by other CBDCs. Therefore, it has chosen to set rules directly, first to "integrate" stablecoins, and then to push them globally.