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Original author: Alex Liu, Foresight News Stablecoin Act and FXS On May 20, the US stablecoin legislation bill GENIUS Act passed in the Senate vote. There are still two major steps to go before it is officially passed: the House of Representatives vote and the submission to the President for signature. The market previously believed that the Senate vote was the biggest obstacle to the passage of the bill. If nothing unexpected happens, the complete passage of the bill will only be a matter of time. Which crypto project is the biggest winner of this legislative victory? Judging from the token price performance, it may be Frax Finance. As the bill passed the Senate, Frax Finance token FXS (now renamed FRAX, not yet updated in centralized exchanges) once rose above…# Analysis# bitcoin# crypto# defi# Exchange# guide# Market# Token# web3Pre
The GENIUS Act and its impactNext
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- Original | Odaily Planet Daily ( @OdailyChina ) Author | Dingdang ( @XiaMiPP ) In 2025, with the return of the pro-crypto President Trump to the White House, the GENIUS Act and the CLARITY Act ...