Circle Praises Passage of the GENIUS Act: A Crucial Step for the Future of Money and the Internet Financial System

According to a report by Jinse Finance, USDC issuer Circle published an article stating that the House of Representatives has voted to approve the GENIUS Act for presidential signature, which is crucial for the future of currency and the internet financial system. This demonstrates strong bipartisan support for responsible innovation and clearly indicates that the United States will take a leading role in regulating dollar-backed payment stablecoins. Circle highly commends congressional leaders for establishing a regulatory framework that prioritizes consumer protection, financial integrity, and U.S. competitiveness.