Can the GENIUS Act Push Pi Network Price to New Highs Beyond $1?

The GENIUS Act, a proposed law for stablecoins in the US, could positively impact Pi Network. The law aims to make stablecoins safer and more transparent by requiring one-to-one backing with assets like US dollars and Treasuries, as well as regular audits. World Liberty Financial's USD1 stablecoin, which meets these requirements, has been listed on exchanges like MEXC and paired with Pi. This new trading pair could provide Pi users with a more stable trading environment, potentially attracting institutional investors and increasing Pi Network's adoption. Currently, Pi Network's price is around $0.4399, having dropped 23% in the past month, and needs to break above $0.80 for a significant upward move.