After the Senate passed new legislation, stable people were adopted between banks and financial institutions.
Guide and build national innovations targeting stability in the United States, or Genius Law Passed the U.S. Senate Voting Tuesday 68–30, Cointelegraph reported. The bill aims to create clear rules for Stablecoin collateral and requires compliance Anti-money laundering law. Now it will head to the house.
Katalin Tischhauser, head of investment research at Digital Asset Bank Sygnum, said the Senate vote sent a “strong positive signal” to the agency, bringing the bill closer to becoming law.
Many large banks and traditional financial institutions are Plan Stablecoin integration Tischhauser told Cointelegraph for payments and settlements, adding:
“A clear regulatory framework and compliance pathways are necessary, and the law legally recognizes a stable framework as a settlement tool.”
However, she said that the stable use of institutions may initially be limited to tokens issued by private blockchains.
Emerging crypto policy developments and Stablecoin regulations are right 2025 Crypto Market CycleAlice Li, investment partner and head of U.S. at Crypto Venture Capital Foresight Ventures, told Cointelegraph period Chain reaction X space is shown on June 3.
“One of the most powerful drivers is definitely a policy change,” she said. Bitcoin reserve approval and Stablecoin policy development is the main catalyst for Bitcoin (BTC) Prices rose in 2025.
Related: Stablecoin legislation drives Bitcoin market cycle in 2025: Financial redefinition
Genius Act makes Stablecoin issuers a “key player”
Andrei Grachev, managing partner at Falcon Finance and DWF Labs, said the full approval of the Genius Act would make Stablecoins “a part of the U.S. financial infrastructure.”
“If issuers start holding a large amount of Treasury, that will turn their role from a niche tool to a major player in the economy,” Grachev said.
He added that the stablecoins supported by the Treasury will give institutions more confidence to use them for settlements and payments.
Related: Jack Ma’s International Eyes Stabilization License held in Hong Kong Singapore
Alex Buelau, co-founder of Rayls, said that financial institutions using Stablecoins “operate under regulatory grey areas, with little concrete action due to lack of clear and government guidance.”
“Now that this has been done, the agency has not hesitated to take advantage of the opportunities that Stablecoins offers, especially in cross-border payments, 24/7 settlements and enhanced globally, OnChain liquidity,” Buelau told CoIntelegraph.
On June 15, the investment banking giant JPMorgan Chase filed an application The new trademark application for the US “JPMD” has expanded speculation about stable products.
Register the listed services, including digital asset transactions, transfers, exchanges, clearings and payment processing.
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