#USStablecoinBill

USStablecoinBill The U.S. Stablecoin Bill has encountered a significant setback in 2025. The Senate’s GENIUS Act, which passed the Senate Banking Committee on March 13, 2025, with an 18-6 vote, faced a collapse in support as nine Democratic senators, including key figures like Chuck Schumer and Elizabeth Warren, withdrew backing days before a crucial vote. This shift, driven by concerns over anti-money laundering protections and national security