US Senate adopted StableCoin Act “Genius Act”
For the first time, the law of the US Senate creates clear nationwide regulations for stable coins-an important step towards legitimacy for dollar-bound digital assets. Next, the proposal through the House of Representatives has to be made.
The US Senate voted the “GENIUS Act“(Guiding and Establishing National Innovation for Us StableCoins) with a clear majority of 68:30. The law is intended to create a legal basis for USD tablecoins, including regulations on the 1: 1 coverage, monthly reserve reports and preferential refund for investors in the event of bankruptcy. The signature is presented, like Reuters reported.
Why the Genius Act is important
Stable coins have established themselves as a central bridge between traditional and digital finance – with a market capitalization of over 250 billion USD and growth of 22% in 2025. The Genius Act provides clear rules for the industry for the first time: only approved issuers, strict coverage requirements and monthly transparency obligations.
In addition, the law protects consumers by ensuring that their funds are prioritized in the event of a bankruptcy order-a point that is particularly relevant against the background of the Terra Luna crisis.
Reactions from business and politics
The crypto industry celebrates progress. Circle – editor of USDC – recorded a stock increase of 34%, as well as Coinbase (+16%) after the vote became known. Large financial institutions such as Visa and Mastercard also reacted, their shares gave up slightly in advance.
Proponents emphasize that the law enables a responsible innovation and positions the United States as a global pioneer in digital payment transactions. However, critics warn that the law contains too few anti-corruption measures and excludes the president of the ban on ownership.
With the Genius Act, the StableCoin market can clearly gain stability and reach. It can be expected that corporations such as Meta, Walmart and financial institutions integrate their own dollar stall coins more quickly as soon as the law is finally adopted. At the same time, the US state bond markets could be influenced by increased demand for liquid cover reserves.
