Circle Stock Price Surge: What is the True Meaning of the GENIUS Stablecoin Act?

The U.S. Senate passed the GENIUS Act with a vote of 68‑30, establishing federal oversight for stablecoins: 1:1 reserve strategy, monthly backing disclosures, banks allowed to issue directly. Result: Circle (USDC issuer) stock price jumped +16%📈wsj.com+2reuters.com+2timesofindia.indiatimes.com+2

My View: This is a signal that stablecoins are transitioning from 'grey transitional assets' to 'fundamental financial infrastructure', which will attract more institutional participation in the short term and create compliance pressure for USDT and others in the medium to long term.

#Stablecoin #CryptoRegulation #USDC