The GENIUS Act Promotes the Implementation of Stablecoin Regulation, and the VRC-11 Protocol Usher in a New Era of “Privcurrency”
On May 20, 2025, the U.S. Senate passed a key procedural vote on the GENIUS Act with 66 votes in favor and 32 against. The Act requires all compliant stablecoins to be 1:1 pegged to U.S. dollar reserves, marking the arrival of the stablecoin regulatory era. Following the GENIUS Act, [...]
