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BTCC / BTCC Square / Global Cryptocurrency /
US Senate Advances Stablecoin Regulation with GENIUS Act

US Senate Advances Stablecoin Regulation with GENIUS Act

Author:
Global Cryptocurrency
Published:
2025-05-16 08:06:02
13
3

The US Senate is making significant strides toward establishing a regulatory framework for stablecoins with the proposed GENIUS Act. This legislation marks a pivotal moment for digital finance, aiming to bring clarity and oversight to stablecoins—a cornerstone of crypto transactions and global payments.

Stablecoins, unlike their volatile counterparts such as Bitcoin, maintain a peg to fiat currencies like the US dollar, ensuring stability and liquidity. Their growing role in cross-border transactions and decentralized finance underscores the urgency for coherent regulation. The GENIUS Act reflects policymakers’ recognition of the need to foster innovation while safeguarding consumers and financial stability.

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