The US Senate Stablecoin Bill is Hanging in the Balance! Political Games Heat Up, Legislation Faces Major Resistance Under Trump's Shadow!

The US stablecoin regulatory bill 'GENIUS' has recently encountered a significant setback, with the Senate vote postponed. However, industry insiders believe this is just a temporary hurdle, and there is still hope for a restart in the coming weeks.

Behind this legislative farce is the Democratic Party retracting its support due to former President Trump's deep involvement in the crypto market, accusing the Republican Party of leveraging regulation to push a pro-Trump agenda. Key provisions are being urgently revised in an attempt to remove all content related to Trump, aiming for a re-vote by the end of the month.

Meanwhile, the US territory of Tinian is not waiting for federal approval and is aggressively pushing the local stablecoin 'Mariana Dollar' to go on-chain, aiming for a July issuance to seize the opportunity.

Industry experts warn: If the bill is postponed again, it will exacerbate the regulatory vacuum, impacting the dollar's dominance in global digital finance. A digital chamber executive stated, 'This is a critical battle for the dollar's global supremacy, we must win!'

Now, the bipartisan struggle has intensified, with stablecoin regulation becoming the hottest storm before the 2026 elections, the situation is once again filled with suspense!