$USDC The US Senate passed the "GENIUS Act" with a high vote of 68:30, completely ending the era of the "wild growth" of stablecoins.

The core of the bill consists of two points: 1:1 dollar reserves + federal license, directly forcing Tether to move its headquarters to El Salvador overnight, while USDC happily accepts compliance dividends.

This regulatory earthquake is not about "industry norms", but rather the beginning of the US using dollar hegemony to harvest the on-chain world.