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![aganstwallst Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1888714138052071424.png) Against Wall Street [@aganstwallst](/creator/twitter/aganstwallst) on x 7054 followers
Created: 2025-07-18 03:32:40 UTC

X. GENIUS Act – Stablecoin Regulation
✅ Passed the House with strong bipartisan support: XXX votes
✅ Already approved by the Senate, now awaiting President Trump’s signature

Key points:
•Requires all stablecoins to be backed XXX% by reserves
•Mandatory registration and regulatory oversight at both federal and state levels
•Algorithmic stablecoins will be banned
•Major issuers like Circle and PayPal could benefit from a first-mover advantage
•Goes into effect in 2026


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946050459782832227/c:line.svg)

**Related Topics**
[genius act](/topic/genius-act)
[stablecoins](/topic/stablecoins)
[trumps](/topic/trumps)
[approved](/topic/approved)
[coins stablecoin](/topic/coins-stablecoin)
[wall street](/topic/wall-street)

[Post Link](https://x.com/aganstwallst/status/1946050459782832227)