On March 13, 2025, the U.S. Senate Banking Committee voted 18-6 to advance the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act—a bipartisan effort led by Senators Hagerty (R-TN), Gillibrand (D-NY), Scott (R-SC), Lummis (R-WY), and Alsobrooks (D-MD). As CoinDesk reported, this bill defines “payment stablecoins” as digital assets pegged for payments or settlement, redeemable 1:1 by issuers promising stability—but excludes securities issued by investment companies under the Investment Company Act of 1940. The crypto world’s buzzing about compliance challenges, but at CERES Coin LLC, we see a unique lane opening—one we’re already navigating.
Picture a stablecoin that doesn’t need to wrestle with the GENIUS Act’s pegged-asset rules. Envision CERES Coin: SEC-registered since 2021, rooted in a U.S. Government Money Market Fund (MMF), 100% backed by government securities, and offering yield potential—not just a static peg. Built on Hyperledger Fabric, it delivers zero-fee peer-to-peer (P2P) transfers, secured by three issued patents (with more pending), blending blockchain agility with traditional finance trust. Under the Act’s terms, we’re not a “payment stablecoin”—we’re a hybrid asset, free to pursue over $20 trillion in market opportunities without reserve overhauls.
This path spans massive sectors. In retail payments ($8 trillion U.S.), we’re eyeing the $160-240 billion in card fees merchants face annually, aiming to deliver a zero-fee alternative that adds yield for users. For institutional finance ($6.6 trillion MMF assets plus $100 billion+ crypto liquidity), CERES offers traders and fintechs a compliant, yield-bearing option—outshining fiat stablecoins like USDC that lack return. In government services ($6 trillion U.S. spending), our blockchain targets over $100 billion in annual fraud, enhancing transparency while adding value for recipients, positioning us for future state and federal pilots.
The GENIUS Act’s aims—consumer safety, U.S. leadership—ring true, but its focus on payment stablecoins highlights a broader opportunity: crypto can do more than peg to a dollar. While others tweak reserves to fit, CERES stands apart—our SEC registration and hybrid design let us target retail, institutional, and government markets without breaking stride. Skeptics like Elizabeth Warren may question crypto’s trajectory, and Trump’s influence lingers, per CoinDesk, but the 18-6 vote signals momentum—next up, Senate floor and House negotiations.
For us at CERES, this isn’t about compliance hurdles; it’s about validation. We’re not just chasing stability—we’re building value. Our blockchain-powered, yield-bearing stablecoin is ready to reshape how $20 trillion+ in markets store and transfer value, all while staying true to our SEC-registered roots. What’s your take: is crypto’s future tied to pegs, or can it deliver something more? Drop your thoughts—I’m eager to hear them.
Charlie Uchill
COO, CERES Coin LLC
charlie@cerescoin.io | 773.354.2301
