🇺🇸 U.S. Senate Set to Vote on Major Stablecoin Bill
The Senate will hold a procedural vote this week on the GENIUS Act — a stablecoin bill backed by the crypto industry and President Trump.
🧾 The bill aims to:
✅ Set reserve + audit rules for dollar-backed stablecoins
✅ Establish federal oversight standards
But there's pushback...
❌ Progressive Democrats argue the bill lacks key financial safeguards and could pose systemic risks.
🗳️ 60 votes are needed to advance. All eyes on Capitol Hill this week 👀
📎 GENIUS Act Bill
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