#GENIUSActPass The GENIUS Act has passed the US Senate with a bipartisan vote of 66-32, paving the way for a final vote and potential implementation. This landmark legislation aims to establish a federal regulatory framework for payment stablecoins, reinforcing US dollar dominance in the digital economy. Key aspects of the bill include¹ ²:

- *Regulatory Framework*: Establishing a pro-growth regulatory framework for payment stablecoins.

- *Stablecoin Market*: Providing clarity for the $228 billion stablecoin market.

- *Bipartisan Support*: Receiving broad bipartisan backing in the Senate.

- *Potential Impact*: Potentially funneling trillions into crypto and driving institutional DeFi adoption.

- *Next Steps*: The bill now heads to the House for further consideration.