The United States Congress passed the country's first major standalone crypto bill on Thursday [7-17-25]. The landmark vote signals a sea change in the U.S. stance toward these digital currencies.
The House approved the GENIUS Bill with a 308-122 vote with significant Democratic support, adopting regulations for a type of cryptocurrency known as stablecoins that proponents believe will fundamentally change the world of commerce.
The GENIUS Bill, which stands for "Guiding and Establishing National Innovation for U.S. Stablecoin" .. With its passage, the U.S. is now formally adopting a new set of rules for cryptocurrencies — ones that critics view as far too easy.
Stablecoins are a hot emerging part of the crypto sector. Key industry players believe stablecoins will allow people and companies the ability to transfer money as digital currency anywhere in the world instantaneously, regardless of borders, without onerous and expensive bank or money transfer fees. They believe that the world of credit cards or wire transfers will be completely upended once they are adopted widely.
source |
2nd article: Stablecoins Are the Trojan Horse of Crypto
This isn’t just another financial trend. Stablecoins are changing how money works—globally. Here is a recap of the main advantages of stablecoins: