GENIUS Act Opens Door for Stablecoin Bank Settlements, Institutional Adoption

From Cointelegraph

June 18, 2025 8:30:00 AM:

  1. The US Senate passed the GENIUS Act in a 68-30 vote, setting clear rules for stablecoin collateralization and compliance with AML laws. This move is a positive signal for institutions and may lead to stablecoin integrations by large banks and financial institutions for payments and settlements.
  2. Emerging crypto policy developments and stablecoin regulations are expected to be significant catalysts for the 2025 crypto market cycle, according to Alice Li, an investment partner at Foresight Ventures. Changes in policy, including stablecoin regulations, could drive Bitcoin price upside in 2025.
  3. The GENIUS Act, if fully approved by Congress, could make stablecoin issuers key players in the US financial infrastructure. This legislation may give institutions more confidence in using treasury-backed stablecoins for settlements and payments, potentially expanding their role in the economy.

Read more at Cointelegraph: GENIUS Act Opens Door for Stablecoin Bank Settlements, Institutional Adoption