#GENIUSActPass

The U.S. Senate has officially passed the GENIUS Act (Generating Enhanced New Investment and Unleashing Science Act), marking a major milestone for crypto and financial innovation. The act introduces the first federal regulatory framework for stablecoins, requiring 1:1 reserves in cash or Treasuries, mandatory monthly audits, and strict anti-money-laundering controls. This move is especially significant for regulated stablecoins like USDC, giving them a clear legal edge over offshore-issued rivals such as Tether (USDT). The GENIUS Act also aims to support innovation in emerging tech sectors like AI, blockchain, and quantum computing. With bipartisan support, the bill now heads to the House of Representatives and is expected to be signed into law before August. Industry leaders see this as a historic step toward U.S. leadership in digital finance, fostering greater trust among institutional investors. If enacted, it could reshape the global stablecoin landscape, making compliance and transparency a new competitive standard.