#GENIUSActPass Big news in crypto! The Senate just passed the GENIUS Act, the first major federal law to regulate stablecoins like USDC.

This bill sets strict rules for stablecoin issuers—requiring full reserve backing, monthly audits, and tough anti-money laundering checks. It opens the door for banks, fintechs, and even big retailers to launch their own stablecoins, aiming to boost U.S. innovation while protecting consumers and the financial system.