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![BudhilVyas Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2538564414.png) Budhil Vyas [@BudhilVyas](/creator/twitter/BudhilVyas) on x 58.5K followers
Created: 2025-07-18 16:12:39 UTC

GENIUS Act passes TODAY - here’s everything you need to know 🧵

This is the first major crypto bill EVER passed by Congress and it’s about to become law

Let me break down why this matters for everyone (not just crypto degens) 👇

The GENIUS Act creates the first federal framework for stablecoins - basically crypto dollars that don’t move in price

Think of it like digital cash that works 24/7, settles instantly, and costs pennies to send anywhere in the world

No more waiting X days for bank transfers or paying $XX wire fees 

Why this is huge:

→ Banks can now issue regulated stablecoins legally
→ Companies get clear rules instead of regulatory chaos→ US officially embraces digital dollars over CBDCs
→ Sets precedent for more crypto legislation

SEC Chair Paul Atkins called it a “historic milestone” - and he’s right

This bill transforms stablecoins from “sketchy internet money” to legitimate financial infrastructure backed by federal law

Your Venmo payments about to look ancient 😭

![](https://pbs.twimg.com/media/GwJwhXZWIAE9OrH.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946241718036443311/c:line.svg)

**Related Topics**
[stablecoins](/topic/stablecoins)

[Post Link](https://x.com/BudhilVyas/status/1946241718036443311)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

BudhilVyas Avatar Budhil Vyas @BudhilVyas on x 58.5K followers Created: 2025-07-18 16:12:39 UTC

GENIUS Act passes TODAY - here’s everything you need to know 🧵

This is the first major crypto bill EVER passed by Congress and it’s about to become law

Let me break down why this matters for everyone (not just crypto degens) 👇

The GENIUS Act creates the first federal framework for stablecoins - basically crypto dollars that don’t move in price

Think of it like digital cash that works 24/7, settles instantly, and costs pennies to send anywhere in the world

No more waiting X days for bank transfers or paying $XX wire fees

Why this is huge:

→ Banks can now issue regulated stablecoins legally → Companies get clear rules instead of regulatory chaos→ US officially embraces digital dollars over CBDCs → Sets precedent for more crypto legislation

SEC Chair Paul Atkins called it a “historic milestone” - and he’s right

This bill transforms stablecoins from “sketchy internet money” to legitimate financial infrastructure backed by federal law

Your Venmo payments about to look ancient 😭

XXXXX engagements

Engagements Line Chart

Related Topics stablecoins

Post Link

post/tweet::1946241718036443311
/post/tweet::1946241718036443311