$XRP XRP supporter and lawyer John E. Deaton has raised a serious concern: if the GENIUS Act (Stablecoin Bill) doesn’t pass in the US Senate, we might not see any real crypto regulation until 2029.
That’s 4 more years of confusion. 4 more years of waiting.
Deaton, who’s been deeply involved in the $XRP XRP case, says this bill isn’t even controversial — it’s in the national interest. It would create clear rules for stablecoins, protect consumers, and help America lead in crypto again.
But here’s the sad truth: if lawmakers can’t even pass a basic stablecoin bill, then bigger reforms (like tax clarity, market rules, or broader crypto laws) probably don’t stand a chance.
Senator Bill Hagerty, who’s leading the GENIUS Act, said it straight — without regulation, crypto innovation is leaving America. Projects are moving overseas. Jobs are disappearing.
Even Coinbase's top policy officer said this is a “national priority.” This bill is about strengthening the US dollar and giving fair competition to outdated banking systems.
But resistance is real. Some lawmakers still want total control over the financial system. Even banks are scared — because stablecoins mean real competition.
The vote is coming soon. If the bill fails, we could lose momentum. We could be stuck.
Crypto needs clarity. And it needs it now.
#XRP #GENIUSAct #CryptoFuture #Stablecoin #FinancialFreedom