Senate Stablecoin Bill GENIUS Act Gains Support and Moves One Step Closer to Passing

May 20, 2025

The Senate's stablecoin bill, known as the GENIUS Act, has regained momentum after a failed vote. Key Democrats have now supported the bill, which is expected to pass soon. The bill aims to establish a legal framework for issuing stablecoins in the US.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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