What is the Genius Act, and can it really cement US dollar supremacy?

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At last week’s Bitcoin 2025 conference in Las Vegas, there was one phrase on everyone’s lips: the Genius Act.
Vice-President J.D. Vance used his speech at the event to urge lawmakers to pass the bill – also known as the Guiding and Establishing National Innovation for US Stablecoins Act – which is currently the subject of heated debate on Capitol Hill.
“Dollar-pegged stablecoins, particularly once Genius is enacted, are only going to help the American economy and it’s only going to help the…

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