Secretary of the Treasury🇺🇲:
"For stablecoins and other digital assets to thrive globally, the world needs American leadership.
The Senate missed the opportunity today to provide that leadership by not advancing the GENIUS Act..."
Brad Garlinghouse:
"Stablecoins are on the rise globally due to their real-world applications (the large number of recent announcements in the cryptocurrency sector, financial technology, and traditional finance should indicate this).
The sooner the United States can enact viable and clear regulations, the faster it will reap the benefits of this technology."