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![10News Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::9616062.png) ABC 10News San Diego [@10News](/creator/twitter/10News) on x 192.8K followers
Created: 2025-07-19 00:00:13 UTC

The GENIUS Act sets initial guardrails and consumer protections for stablecoins, a type of cryptocurrency that is tied to a stable asset like the U.S. dollar to reduce price volatility. It passed both the House and Senate with wide bipartisan margins.


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**Related Topics**
[genius act](/topic/genius-act)
[volatility](/topic/volatility)
[money](/topic/money)
[united states dollar](/topic/united-states-dollar)
[cryptocurrency](/topic/cryptocurrency)
[stablecoins](/topic/stablecoins)
[san diego](/topic/san-diego)
[abc](/topic/abc)

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