#USStablecoinBill GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025):
STABLE Act of 2025 (Stablecoin Transparency and Accountability for a Better Ledger Economy Act):
While both bills aim to bring clarity and consumer protection to the stablecoin market, they have sparked political debate. Some Senate Democrats have withdrawn support from the GENIUS Act, citing concerns over anti-money laundering provisions and potential conflicts of interest related to former President Trump's reported involvement in a $2 billion stablecoin venture.
Despite these challenges, Senate Majority Leader John Thune is expediting the GENIUS Act's progression