If passed, the U.S. stablecoin bill, the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), will mark a monumental milestone—one I believe ranks among the top five pivotal moments in crypto history.Key Highlights of the GENIUS ActThe lengthy proposal includes several critical provisions:1:1 Full-Backed Reserves: Mandates cash, demand deposits, or short-term U.S. Treasuries as collateral, prohibiting rehypothecation.Transparency: Monthly reserve reports and third-p...