Crypto News Update: Senate Passes GENIUS Act Stablecoin Bill As Little Pepe (LILPEPE) Continues R...

The Senate has passed the GENIUS Act, a significant step forward for the U.S. crypto environment. It officially establishes the first government regulatory framework for stablecoins tied to the U.S. dollar. The measure passed with a significant 68-30 majority, meaning that digital assets will be regulated and integrated into the U.S. financial system in a completely new way.

The regulation primarily focuses on stablecoins and the companies that issue them, but it also indicates that politicians and institutions are becoming increasingly open to digital currencies and blockchain technology.

At the same time, Little Pepe (LILPEPE), a useful token based on memes, is rapidly gaining popularity in the cryptocurrency world. LILPEPE is now in Stage 3 of its presale, and it’s selling for $0.0012. It has already raised more than $1.34 million, indicating significant investor interest. It couldn’t have come at a better time for the GENIUS Act to pass. Projects like Little Pepe are trying to garner more legitimacy as regulations become clearer.

A Change in the Way Crypto Is Regulated

The GENIUS Act, which stands for “Guiding and Establishing National Innovation for U.S. Stablecoins Act,” is the first law to define what stablecoin issuers can and cannot do. The measure says that there must be complete reserve backing, monthly audits, and rules against money laundering. USDC and Tether are examples of stablecoins that already follow voluntary transparency rules.

This new regulation, however, requires all U.S.-issued stablecoins to meet severe compliance standards.

The bill also grants Treasury Secretary Scott Bessent considerable power. He told senators that the U.S. stablecoin market might increase eightfold to more than $2 trillion in the next several years. The law allows banks, fintechs, and even large retailers to create their stablecoins.

This opens up new opportunities for payment systems to compete and develop innovative ideas. But non-financial IT companies can’t issue directly unless they work with regulated financial companies.

The bill still needs to be reconciled with the House version, known as the STABLE Act, but its passage in the Senate is an apparent triumph for the crypto sector. During the 2024 election cycle, the industry spent a significant amount of money to support pro-crypto legislators.

Meme Coins Are Still Hot: LILPEPE Is On The Rise

The GENIUS Act primarily focuses on stable, fiat-pegged assets, but its impact on market sentiment is spreading to other segments of the crypto market, particularly meme currencies. Little Pepe (LILPEPE) is a rapidly rising ERC-20 token that is generating significant news. It has big plans.

Many meme coins rely solely on hype, but LILPEPE aims to be the world’s first Layer 2 blockchain dedicated exclusively to meme projects.

The project promises super-fast transactions, launches that can’t be automated, and no taxes on buying or selling, making it appealing to short-term traders and long-term crypto users who want to see new ideas in the meme area.

LILPEPE is now in Stage 3 of its presale, with the token price set at $0.0012. Over 1.26 billion tokens have been offered at this stage, and 56% have already been bought. Demand is rising. The price will increase to $0.0013 in the next stage, and many investors are seeking to get in early before the final launch.

It has more than just tokenomics in its favour. The team has come up with a big idea to construct a Pepe-focused Launchpad, where new meme initiatives can start without sniper bots getting in the way.

This feature has been particularly popular among retail investors and developers, especially in a market where meme coins can fluctuate rapidly due to automated trading bots.

Taking Advantage of Legislative Momentum

Investors who were concerned about the uncertain regulatory future of crypto feel safer now that the GENIUS Act has passed. LILPEPE isn’t a stablecoin, but this step shows that Washington’s regulations are improving, which is beneficial for all types of digital assets.

This clear law comes at the same time as Little Pepe’s huge presale success and the building excitement in the community. LILPEPE is already one of the most popular coins on presale sites, and its lively Telegram channel has become a hive of positive sentiment and real-time news.

The initiative has also launched a $777,000 giveaway, in which 10 individuals will each receive $77,000 worth of tokens. This offer is helping LILPEPE become more popular and has attracted thousands of new people to the official website, to participate in both the presale and promotional activities.

The Bigger Picture: How a Meme Became a Movement

The GENIUS Act makes one part of crypto legal, which indirectly boosts other parts by making people feel that they will be around for a long time. People no longer perceive tokens like LILPEPE as short-lived online jokes. Instead, they are part of a bigger push toward decentralized innovation that challenges traditional banking.

XRP, Ethereum, and USDC might be the financial backbone of the blockchain world, but Little Pepe and other tokens are what keep it alive. Their strength comes from the stories that come from their community, the easy ways to get involved, and now, thanks to programs like LILPEPE, genuine infrastructure.

Little Pepe can create a meme-focused Layer 2 blockchain, which will revolutionize the creation, trading, and sustainability of meme tokens in the future. In a post-GENIUS Act crypto world, these kinds of infrastructure projects could get institutional support as the digital economy matures and becomes more compliant.

Conclusion

The U.S. Senate’s adoption of the GENIUS Act is a significant development for U.S. crypto policy. However, it’s also an important development for the entire digital asset market, including tokens like Little Pepe (LILPEPE), which are harnessing the energy, humour, and ambition of the crypto revolution. As stablecoin regulation becomes more accessible to institutions, meme coins are undergoing their transformations. These changes are no longer just about fun and going viral; they are also about justice, speed, and making money available to everyone.

Little Pepe isn’t just riding the wave; it’s making it, based on the figures from the presale and the community’s excitement.

For more information about Little Pepe (LILPEPE) visit the links below:

Website:

Whitepaper: /whitepaper.pdf

Telegram:

Twitter/X:

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post Crypto News Update: Senate Passes GENIUS Act Stablecoin Bill as Little Pepe (LILPEPE) Continues Rapid Growth appeared first on CaptainAltcoin.