Circle praises the <GENIUS Act> passage: This is crucial for the future of money and the internet finance system

BlockBeats News, July 18th, USDC issuer Circle released an article stating that the House of Representatives voted to approve the "GENIUS Act" for presidential signature, which is crucial for the future of currency and the Internet financial system. This indicates strong bipartisan support for responsible innovation and makes it clear that the United States will take a leadership role in regulating dollar-backed payment stablecoins.

Circle highly praises the regulatory foundation built by congressional leaders, putting consumer protection, financial integrity, and U.S. competitiveness at the forefront.