$USDC SDC and the GENIUS Act: From Shadows to the Main Stage
The enactment of the GENIUS Act by the US Senate in June 2025 marks an important milestone in the regulation of crypto assets, particularly stablecoins. In the midst of years of legal uncertainty, the US has finally begun to provide a clear and firm legal framework. In this new landscape, USDC from Circle emerges as one of the key players most prepared to reap the benefits.
Unlike other stablecoins that have often been criticized for lacking transparency, USDC has positioned itself from the beginning as a regulatory compliant stablecoin. The 1:1 reserves held in cash and US government bonds, regular audits, and transparent reporting mean that USDC does not need to make significant adjustments to the new rules. The GENIUS Act actually strengthens USDC's position as a trusted stablecoin in the eyes of regulators and financial institutions.