On June 17, the U.S. Senate passed the GENIUS Act with an overwhelming majority of 68 votes in favor and 30 against, which has caused a huge reaction in the global encryption market. The passage of this act marks an important step for the U.S. in cryptocurrency regulation, triggering widespread discussion in the market about future development directions.

The core content of the bill includes allowing American companies to issue exchange-traded stablecoins, which could open new business avenues for tech giants. At the same time, the "CLARITY Act" is also in the works, aiming to establish a comprehensive encryption market regulatory framework. The combination of these two bills could reshape the cryptocurrency ecosystem in the United States and even globally.

It is worth noting that the decentralized prediction market has reacted very positively to the bill, with Polymarket showing an 89% probability of the bill passing in the House of Representatives. This optimism is also reflected in the significant increase in on-chain trading volume.

However, the process of advancing the bill has not been smooth sailing. The USD1 stablecoin, which is closely tied to certain political figures, has been excluded and has become one of the focal points of political maneuvering, highlighting the complex interests involved in encryption currency regulation.

如果《GENIUSact》最终land,可能会bambi来深远影响。 短期内,稳定币的合法化可能会吸引更多机构投资者进入市场。 从长远来看,这可能会帮助美国重新确立在全球加密货币领域的主导地位,形成一个成熟的监管体系。

The advancement of this bill is not just about the regulation of encryption currencies, but it could also be the beginning of a new order of wealth. As time goes on, we will witness how this bill reshapes the encryption currency market and how various participants respond to this transformation. Whether choosing to wait and see or to take the lead in positioning, this will be an important moment worth paying attention to.