#USStablecoinBill

🚨 U.S. Stablecoin Bill Hits Roadblock

The future of the Senate’s GENIUS Act — a key bill to regulate stablecoins — is now uncertain after 9 Senate Democrats, including 4 former supporters, raised serious concerns.

They want stronger anti-money laundering and national security provisions, putting the bill’s progress on hold just days before its expected vote.

🧾 The bill would require:

👉100% reserve backing

👉 Monthly reserve disclosures

👉 Annual audits for large issuers

With Republicans holding only 53 seats, bipartisan support is crucial for the bill to pass.

Meanwhile, debates over crypto policy and political influence are heating up, especially with the House pushing its own version — the STABLE Act.