The US Senate Banking Committee passed the GENIUS Stablecoin Act in March, a pivotal bill that brings clarity to a previously murky regulatory framework. The goal is to have a bill ready for President Trump’s signature over the summer. The GENIUS Act reflects a shift in mindset, creating a new legal category for stablecoins and a clear role in payments in the US. This will pave the way for an increase in stablecoin issuance and creates opportunities for traditional financial (TradFi) institutions, while creating new risks.
This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..
