According to Odaily Planet Daily, Visa's Chief Product and Strategy Officer Jack Forestell stated on the official website that the U.S. Senate has passed the stablecoin bill (GENIUS Act). This means that stablecoins will usher in the next era of programmable digital currency opportunities.
However, to become part of the next generation of digital payment infrastructure in the world, stablecoins still need to be built on the technical layer, reserve layer, and interface layer. The technical layer must ensure transaction security and reliability, the reserve layer needs to establish trust and be regulated, and the interface layer must provide a convenient fiat currency conversion mechanism.