How the GENIUS Act made USDC wall street’s stablecoin
Circle's USDC was built for regulation before the GENIUS Act required it. Here's how Wall Street infrastructure quietly adopted it as the institutional default.
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The post U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead appeared on BitcoinEthereumNews.com. The first week of June may turn crypto’s 2025 policy wins into hard deadlines. Comment periods for the GENIUS Act’s stablecoin rules start closing this week, reaching the point where a federal framework stops being statute and becomes the operating rules issuers have to build to. What gets settled in those windows decides who can issue, what reserves they hold and whether yield survives. Banks have spent the past few months pushing to slow the rollout, a fight over yield-bearing stablecoins that has already stalled the Clarity Act for months. The Senate floor opens June 3 to try again. The value of stablecoins in circulation, which Samara Cohen, BlackRock’s global head of market development, called the “bridge between traditional finance and digital liquidity,” has kept rising and hit a record $322 billion in late May. The ECB is now warning these instrum
Read full articleCircle's USDC was built for regulation before the GENIUS Act required it. Here's how Wall Street infrastructure quietly adopted it as the institutional default.
The post GENIUS Act Deadlines Loom, ECB Pushes Digital Euro as Coinbase Opens India INR Rails appeared on BitcoinEthereumNews.com. Crypto News The opening week of June places U.S. stablecoin policy under hard deadlines, with comment periods for the GENIUS Act frameworks scheduled to close at the Treasury, FDIC, and FinCEN on June 2. The closures convert federal statute into operational requirements that issuers must build against, settling questions over reserves, yield, and licensing. Banking lobbies have pressed to slow the rollout, particularly around yield-bearing stablecoins, an objection that helped stall the Clarity Act for months. The Senate floor reopens on June 3 to consolidate market structure provisions with CFTC oversight and GENIUS amendments into one vehicle, with sponsors targeting an August signing. ECB board member Isabel Schnabel argued in Seoul on Monday that central banks must respond to swelling stablecoin volumes with stricter regulation and retail central bank d
The post This trading bot buys stocks bought by politicians; Here’s how much it’s up in H1, 2026 appeared on BitcoinEthereumNews.com. Over the years, U.S. members of Congress have garnered a reputation for being exceptional stock market traders, and the performance of copy-trading bots that track politicians in the first half (H1) of 2026 gives ample proof of their savviness. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Specifically, the ‘Congress Buys Strategy’ – a strategy that tracks the performance of shares purchased by Congresspeople and their family members – shows a year-to-date (YTD) climb of 20.80%. ‘Congress Buys Strategy’ YTD performance chart. Source: Quiver Quant Within the same timeframe, the benchmark S&P 500 stock index rallied a significantly lower 10.93%
The post Binance Unveils 10M GENIUS Token Airdrop appeared on BitcoinEthereumNews.com. Key Takeaways: Binance introduces about the 65th project within the HODLer Airdrops programme called Genius Terminal (GENIUS). Each eligible BNB holder will receive 10 million GENIUS tokens, depending on their historical Simple Earn and On-Chain Yields subscriptions. This launch marks the increasing demand of AI-based blockchain projects in the BNB Chain ecosystem. Binance’s latest offering as part of its HODLer Airdrops program is a project called Genius Terminal (GENIUS), which rewards eligible BNB token holders with no additional efforts required. The announcement comes with the 65th project distributed under the program, and represents another addition related to AI to Binance’s growing ecosystem. Users who subscribed BNB to Simple Earn or On-Chain Yields products between May 11 and May 13, 2026, qualify for the retroactive token distribution. Binance Adds GENIUS to HODLer Airdrops Binance has an
The post Binance adds GENIUS as 65th HODLer airdrop appeared on BitcoinEthereumNews.com. Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders. Summary Binance will distribute 10 million GENIUS tokens to BNB holders who used Simple Earn or On-Chain Yields between May 11 and 13, 2026. Genius Terminal is a multichain trading platform backed by YZi Labs and advised by CZ, with a 1 billion token total supply. The HODLer Airdrop program is a recurring Binance mechanism that deepens BNB utility by rewarding long-term stakers retroactively. Binance announced Genius Terminal as the 65th project on its HODLer Airdrop program, continuing its pattern of rewarding loyal BNB holders with tokens from projects ahead of their exchange listing. The snapshot window for eligibility ran from May 11 to May 13, 2026. Only BNB subscribed to Binance’s Simple Earn or On-Chain Yields products during that three-day period qualifies, with allocations dist
Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders.
Pi Network is trading near $0.15 today, and the real question is whether a GENIUS Act-style shift toward regulated, reserve-backed digital dollars would cap its upside or finally give it a credible path to parity with the U.S. dollar. Pi…
The GENIUS Act's regulatory framework for stablecoins could significantly disrupt traditional banking by shifting substantial deposits to fintechs. The post GENIUS Act expands fintech powers, raises concerns for banks appeared first on Crypto Briefing.