US Stablecoin Bill Shows 89% Passage Probability for 2025

The US Senate passed the GENIUS Act for stablecoins on June 18, 2025.

The bill proposes stablecoin regulation, potentially boosting market confidence and influencing US crypto legislation.

GENIUS Act Passes Senate with Bipartisan Support

The U.S. Senate passed the GENIUS Act with bipartisan support, aiming to regulate stablecoins like USDT and USDC. This historic move followed efforts from sponsors Hagerty, Lummis, and Gillibrand. Polymarket, a prediction platform, indicated an 89% likelihood of the bill becoming law by 2025. Its passage reveals political commitment to integrating stablecoins in the financial system.

Legislation Expected to Boost Institutional Participation

The legislation is expected to affect stablecoins, ETH, and DeFi protocols by providing regulatory clarity. This may inspire increased institutional participation and support market stability. If passed, the bill strengthens the U.S.’s position in fintech by setting a federal regulatory precedent for stablecoin management, potentially encouraging crypto industry growth.

“America must lead in financial innovation. A sensible stablecoin framework protects consumers and keeps digital dollars competitive globally.” – Senator Cynthia Lummis, U.S. Senate

Bill Positioned to Increase TVL in U.S. DeFi

This event marks a significant departure from previous attempts, like the Lummis-Gillibrand Responsible Financial Innovation Act from 2022, which failed to advance to Senate approval. Based on market trends, the bill could lead to increased TVL and liquidity flow into U.S. DeFi protocols, reflecting higher investor confidence in stablecoin-backed operations.