The Blockchain Association's CEO, Summer Mersinger, has expressed approval following the passage of the GENIUS Act. Mersinger described the act's passage as a "watershed moment for digital assets in the United States." The act is significant as it represents Congress's first move towards comprehensive legislation providing enforceable and tailored rules for stablecoins.
Mersinger emphasized that this development marks progress toward regulatory clarity that aims to protect consumers while supporting innovation. It also reinforces the strength of the U.S. dollar within the digital economy. She urged President Trump to sign the bill into law promptly to ensure that the United States maintains its leadership role in shaping global standards for digital assets.
