#GENIUSActPass

The approval by the U.S. Senate of the GENIUS Act on June 18, 2025, with a margin of 68 votes to 30 marks a historic step in regulating stablecoins. This bipartisan bill ensures a 1:1 reserve backing, compliance with AML requirements, and transparency for issuers such as Circle and Tether. It aims to strengthen the dominance of USDC with its market capitalization of $61.56 billion, while foreign non-compliant issuers will face market bans in the U.S. The law may stimulate the adoption of stablecoins, with market forecasts of $1.6 trillion by 2030, countering de-dollarization. Despite concerns from critics such as Senator Warren, this clarity could stimulate institutional investments and crypto innovations.