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Senate Majority Leader John Thune initiated a process that expedites a vote on a historic piece of legislation that establishes the first ever regulatory framework for payment stablecoins. The legislation is the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act authored by United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, and cosponsored by Tim Scott (R-SC), Chairman of the Senate Banking Committee, and Cynthia Lummis (R-WY). “The GENIUS Act establishes a clear, pro-growth, and secure regulatory framework to modernize our payments system and cement U.S. dollar dominance. I look forward to passing the GENIUS Act in short order to keep digital asset innovation in America, protect customers, and make sure foreign companies are playing by the same rules,” Sen. Bill Hagerty (R-TN) said. “Our landmark stablecoin legislation is a huge victory for the digital asset industry and a critical step in securing our nation’s financial future,” said Sen. Cynthia Lummis. “The GENIUS Act strikes the balance of establishing proper guardrails that protect consumers while preserving financial innovation and America’s dollar dominance in the global financial system. President Trump and Leader Thune’s decision to bring this important legislation to the floor demonstrates his commitment to maintaining U.S. leadership in financial services while keeping digital asset companies and jobs onshore. I want to thank Senator Hagerty and Chairman Scott for their leadership on this and look forward to getting this legislation across the finish line.”#DigitalAssetBill
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This could mean a bull run#IndiaTariffs
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Crypto Graveyard: 50% Of Tokens Have Failed In the Past 5 years A recent report revealed that over 50% of all crypto tokens have failed in the past five years, with a significant decrease in token survivability over the past year. On Wednesday, CoinGecko published a report claiming that over half of the tokens registered in its Decentralized Exchange (DEX) tracker, GeckoTerminal, have died in the past five years. The study examined the total number of crypto tokens once listed in the DEX tracker with one trade or more before going defunct. Since 2021, nearly 7 million tokens have been listed in the real-time tracker, with 3.7 million cryptocurrencies no longer actively traded and considered to have failed. As a result, 52.7% of all examined crypto died, 86.5% failing between 2024 and early 2025. According to the report, 49.7% of all recorded project failures between July 2021 and March 2025 occurred in the first quarter of this year. By March 31, 1.8 million tokens had collapsed, representing the highest number of failures recorded in a single year.#CryptoNewss
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Eric Trump Slams Modern Financial System, Calls SWIFT “Broken” at Token2049 Dubai Eric Trump, the executive vice president of the Trump Organization, delivered a fiery indictment of the global financial system during a panel at the Token2049 conference in Dubai, calling it “broken,” outdated, and rigged against the average person. Speaking alongside World Liberty Financial’s Zach Witkoff and Tron’s Justin Sun, Eric shared how personal experiences with political backlash pushed him toward crypto. “It works really well for, you know, maybe the top 1% or the top 0.1% but it doesn’t work for the rest of the world,” he said. Eric said that once his family entered politics, he saw how fragile and weaponized the system is.#StablecoinPayments
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If all parties walks away happy with the tariffs agreements this should cause a major pump!#TariffImpact
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