𝐔𝐒 𝐒𝐞𝐧𝐚𝐭𝐞’𝐬 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐁𝐢𝐥𝐥 𝐅𝐚𝐜𝐞𝐬 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐓𝐫𝐚𝐟𝐟𝐢𝐜 🚦💵🇺🇸
The GENIUS Act, aimed at regulating stablecoins, passed a key Senate vote (18–6), but its future remains uncertain. Although 5 Democrats backed it, 9 others opposed the bill, citing weak anti-money laundering and national security terms.
🔍 What This Means for Markets:
• No regulatory clarity = investor hesitation
• Institutional adoption may slow without legal certainty
• Trump-linked crypto efforts (e.g., stablecoin via World Liberty Financial) spark political controversy
• Lawmakers like Sen. Warren are pushing back
Unless changes are made and 60 Senate votes are secured, stablecoin policy will remain in limbo — delaying potential bullish momentum for $USDC, $USDT, and related DeFi sectors.