CoinVoice has recently learned that Bo Hines, Executive Director of the U.S. President's Digital Assets Advisory Committee, stated on social media: "The core of the 'GENIUS Act' is to safeguard the future of American finance.

Stablecoins help solidify the dollar's dominance, modernize our outdated payment systems, and provide the American people with faster, lower-cost, and more transparent ways to transfer funds.

Digital asset technology represents the next generation of the financial system. The United States is ready to lead this transformation." [Original link]