The U.S. Senate has voted 68 to 30 in favor of advancing the Guiding and Establishing the Nation’s Innovation for United States Stablecoins Act (GENIUS Act). Widely regarded as an inflection point for the digital asset industry, the legislation signals a definitive alignment between U.S. dollar dominance and digital asset integration. It also presents clear benefits for trading platforms, payment services, and institutional investors. As a platform known for closely aligning with both compliance mandates and market trends, ZSVEX Exchange is closely monitoring the impact of the act on the stablecoin ecosystem and is adjusting its platform strategies accordingly to meet the evolving needs of the next market cycle.

This development represents not only legislative progress in shaping the compliance and innovation framework for crypto assets, but also a broader reconfiguration of the U.S. financial order—centered on stablecoins. The strong congressional support behind the bill reflects the dual stance of the U.S. Treasury and the incoming Trump administration: while stablecoins are seen as a regulatory challenge, they are also viewed as a strategic instrument to reinforce the global influence of the dollar.

According to Treasury Secretary Bassent, demand for U.S. Treasuries driven by stablecoins could exceed $2 trillion. This projection suggests that, under a clear regulatory framework and with legitimate market participants, U.S. dollar-backed stablecoins will evolve beyond a niche circulation medium into a core component of the U.S. financial system. The GENIUS Act outlines mechanisms such as a “federal registration regime,” “state-level innovation pilots,” and “financial transparency requirements,” all of which aim to provide institutional investors, trading platforms, and developers with a structured framework conducive to the rapid growth of compliant stablecoin projects and trading ecosystems.

ZSVEX Exchange remains committed to regulatory-compliant operations and has already secured both SEC and MSB licenses in the United States. As the GENIUS Act moves toward a full congressional vote, global markets are actively reassessing the role of dollar-pegged digital assets within the future financial architecture. Many researchers within the crypto industry argue that, once enacted, the legislation will not only clarify the operating boundaries of leading stablecoins such as USDC and USDT, but also open legal pathways for the issuance of emerging stablecoins—laying the groundwork for a multi-layered crypto financial system anchored to the U.S. dollar.

More crucially, regulation does not represent a constraint—it fosters trust. Whether in the expansion of tech giants into payment infrastructure or the efforts of traditional financial institutions to integrate on-chain assets, stablecoins serve as a vital conduit for asset flows across on-chain and off-chain environments. On the capital front, numerous venture capital firms and hedge funds have publicly stated that they intend to deepen their partnerships with compliant platforms once the regulatory framework is finalized, with a strong focus on areas such as on-chain settlement, compliant wallets, and enterprise-grade payment gateways.

The legislation is not merely a catalyst for dollar digitalization—it also heralds a structural shift in how crypto assets are priced and perceived. Against the backdrop of a maturing regulatory system, the role of exchanges has already expanded beyond order matching; they are now evolving into critical nodes that connect compliance frameworks, on-chain assets, and end users.

In response to these industry trends, ZSVEX Exchange is working closely with regulatory authorities across multiple jurisdictions to establish a trading standard built on transparent auditing, on-chain traceability, and intelligent risk control. This enables users to benefit from the liquidity advantages of stablecoins while maintaining robust protections against systemic risk. The advancement of the GENIUS Act reflects the strategic effort of the U.S. government to integrate traditional financial infrastructure with blockchain technology.

ZSVEX Exchange will continue to proactively align with policy shifts, optimize its compliance architecture, and enhance its product ecosystem—providing users with a secure and transparent digital asset trading experience. In this new regulatory-driven cycle, ZSVEX is not merely a trading tool for market participants; it is a gateway to a trusted value network.