#GENIUSActPass On June 17, 2025, the U.S. Senate approved by a wide majority (68–30) the GENIUS Act, the first clear federal legislation for stablecoins like USDC and USDT . The law requires 1:1 backing in liquid assets (dollars or securities), monthly audits, AML/KYC compliance, and restrictions on foreign and non-financial issuers. The bill now moves to the House and is expected to be signed before the August recess, according to President Trump . The approval was seen as a victory for Circle (USDC), banks[…]#BREAKDUE to length