#BigTechStablecoin

It seems that there are legislative developments regarding *Big Tech Stablecoin* in the United States. The U.S. Senate is nearing the passage of the *GENIUS Act*, which aims to *ban stablecoins issued by Big Tech companies* ⁽¹⁾. There is also an anticipated vote on this law, as it requires 60 votes to approve the regulation of stablecoins⁽²⁾.