On June 17, 2025, the U.S. Senate approved the GENIUS Stablecoin Act, representing a significant advancement in the federal oversight of stablecoins.
The legislation, officially known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act, creates a structured approach for the issuance and regulation of stablecoins, which are digital assets linked to traditional currencies.
As the GENIUS Act progresses, potential conflicts may arise with the STABLE Act as it moves through the House of Representatives.
