#GENIUSActPass #GENIUSActPass The GENIUS Act is a landmark milestone—finally bringing federal-level clarity and consumer safeguards to stablecoins. It sets a solid foundation for innovation and mainstream use.
However, it’s clearly an opening act, not the finale. To truly safeguard financial stability and public trust, the final legislation must:
Close conflict-of-interest loopholes,
Balance the role between traditional banks and emerging stablecoin issuers,
Introduce rules for privacy and broader crypto market infrastructure (trading, custody, etc.).
🔮 What Comes Next
House passage needed: The Senate bill now moves to the House (where its stablecoin STABLE Act awaits), then to the President’s desk.