Circle praises the passage of the GENIUS Act: It's critical to the future of the monetary and internet financial system
TechFlame
2025-07-18 04:02
TechFlame2025-07-18 04:02
English
TechFlame reports that USDC publisher Circle published an article stating that the House of Representatives voted to approve the GENIUS Act and submit it to the President for signature, which is critical to the future of the monetary and internet financial systems. This shows strong bipartisan support for responsible innovation and makes it clear that the US will play a leading role in regulating dollar-backed payment stablecoins.
Circle praises congressional leaders for building a regulatory foundation that puts consumer protection, financial integrity, and American competitiveness first.