#GENIUSActPass "Genius Act Pass" is a term that refers to a concept in the world of cryptocurrencies and pertains to the American "GENIUS Act" that was passed by the U.S. Senate in June 2025. The purpose of this act is to introduce federal regulations concerning stablecoins – cryptocurrencies pegged to the value of the U.S. dollar. The act mandates that issuers of stablecoins maintain reserves at a 1:1 ratio, ensure financial transparency, and comply with anti-money laundering and counter-terrorism financing requirements.

There is also the $GENIUS token, which emerged as a memecoin inspired by the aforementioned act. It is a project that does not have actual financial backing, and its value is based on social acceptance and speculation. This is something to be cautious about.