#GENIUSActPass "GENIUS Act Pass" refers to the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act that has just been passed by the U.S. Senate. This is a significant step forward in the regulation of stablecoins in the United States.

Will Stablecoins Be the Same as Fiat After the GENIUS Act?

Although the GENIUS Act aims to make stablecoins more stable and regulated, stablecoins will not be fully the same as fiat money.

It reminds me how fiat was born? 🤗