🇺🇸 GENIUS Act Passes: Stablecoins Go Legit
The U.S. Senate just passed the GENIUS Act (68-30), officially recognizing stablecoins under federal law.
Issuers must now hold 100% liquid reserves, provide monthly audits, and comply with consumer protection rules.
This unlocks the door for banks, tech giants, and retailers to launch their own stablecoins, think Amazon, Visa, even Apple.
It’s not just regulation. It’s the on-ramp to mass adoption.
Will this bring trust and growth or just give the old guard more control?