On July 17, 2025, the U.S. House of Representatives passed the GENIUS Act, which aims to create a federal regulatory framework for stablecoins.
GENIUS Act Approved by the House
The U.S. House has approved the GENIUS Act to regulate stablecoins, now awaiting President Trump's signature. The Act seeks to establish a consistent federal-state regulatory framework.
New Regulatory Regime and Its Impact
The Act introduces a new regulatory system for stablecoin issuers, which may affect liquidity and market stability. Industry participants are expected to adapt to comply with these new requirements. This change could influence stablecoin transactions, including USDT and USDC.
Historical Context and Future Regulation
Previous attempts like the STABLE Act lacked this level of federal clarity. The GENIUS Act could lead to a shift towards regulated stablecoins, increasing institutional adoption. Experts view this development as crucial for the future of digital finance.
The passage of the GENIUS Act paves the way for clearer regulation of stablecoins in the U.S. and may reshape the landscape for digital assets.
