GENIUS Act Passage By US Senate Signals A Transformative Moment For Stablecoins

The GENIUS Act, formally the Guiding and Establishing National Innovation for US Stablecoins Act, passed the U.S. Senate on June 17, 2025, with a 68-30 vote, marking a significant step toward regulating dollar-pegged stablecoins. This bipartisan legislation, supported by 18 Democrats, establishes a federal framework requiring stablecoin issuers to maintain 1:1 reserves, conduct annual audits [...]The post GENIUS Act Passage By US Senate Signals A Transformative Moment For Stablecoins appeared first on Tekedia.

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