Senate’s GENIUS Act: Stablecoins’ New Role in Dollar Domination
So, the Senate’s latest move is like a parent finally deciding to take control of their teenager’s allowance-except the teenager is a stablecoin, and the allowance is the entire global economy. In June 2025, senators passed the GENIUS Act, a landmark bill that’s basically the crypto equivalent of a strict diet plan. After more than a year of bipartisan trench warfare over Trump-linked crypto politics, illicit finance, and the future of U.S. monetary power, the Senate has finally decided to play the role of the overzealous aunt who insists on checking your bank account.


