#GENIUSActPass (Guiding and Establishing National Innovation for US Stablecoins) with bipartisan support (68–30), marking the first strong federal law for stablecoins. The most important:

🛡️ Reserves 1:1: each token must be backed by dollars or equivalent liquid assets.

📢 Transparency: monthly reports and annual audits for large issuers (>> US$ 50 billion).

👥 Bankruptcy priority: in the event of bankruptcy, users recover first.