Bitunix Analyst: GENIUS Act Passes Senate, Close Attention Needed on On-Chain Fund Flows

According to BlockBeats, on June 18, the U.S. Senate passed the GENIUS Act with a vote of 68 in favor and 30 against. This is the first federal legislation covering stablecoin reserve requirements, consumer protection, and anti-money laundering regulations. The act clearly stipulates that stablecoins must maintain a 1:1 full reserve and will be jointly regulated by the Treasury Department and the Federal Reserve. It has now been forwarded to the House of Representatives for review. Notably, although the act does not impose restrictions on the presidential family’s involvement in stablecoin business, Democrats have raised concerns—last year, the Trump family earned over 57 million USD from issuing stablecoins through World Liberty Financial. Benefiting from this favorable policy, tokens related to stablecoins have seen short-term gains. The market generally expects that the clarification of the regulatory framework will attract more institutional funds, thereby improving short-term market liquidity.

Bitunix analyst operation advice: The GENIUS Act marks the beginning of the regulatory era for stablecoins and will clear obstacles for compliant funds to enter the market. In the short term, focus can be placed on the policy-driven bullish trend of related platform tokens (such as MKR, CRV, COMP). However, note that the act still requires a vote in the House of Representatives; if the review process is delayed or rejected, it may affect market expectations for price increases. Investors are advised to set technical stop-loss levels, strictly control positions, and closely monitor subsequent voting progress and on-chain fund movements.