#USStablecoinBill US Senate Stablecoin Regulation Update

The U.S. Senate is advancing toward regulating stablecoins with the recent progression of the Genius Act, a pivotal bill targeting digital asset oversight. Passed by the Banking Committee in mid-March with an 18-6 vote — including support from five Democrats — the bill shows bipartisan momentum.

However, the path forward remains complicated.

Nine pro-crypto Democratic senators have voiced concerns over the bill’s current form, citing inadequate safeguards around anti-money laundering (AML) and national security. Given the Senate’s 60-vote requirement for cloture, these dissenting voices may stall its progress unless compromises are reached.

Adding further complexity, Trump-affiliated crypto ventures, such as a planned stablecoin by World Liberty Financial, have drawn scrutiny. Lawmakers like Senator Elizabeth Warren have criticized these moves, potentially politicizing the broader debate on digital assets.

As the bill faces mounting pressure from both sides, regulatory clarity for stablecoins remains in flux. More revisions are likely on the horizon as lawmakers attempt to bridge the gap between innovation and compliance.

Stay tuned for updates as the U.S. stablecoin landscape continues to evolve.