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The Genius Act Update : • On May 19, 2025, the first major vote (called a cloture vote) passed 66-32, letting the bill move forward for debate. • Another vote followed on May 21, which also passed 69-31. • Then on June 11, a final cloture vote passed 68-30, clearing the way for a full Senate vote. So far, the Senate has shown strong support for advancing the bill, but the final vote to officially pass it is still pending. Stay tuned! #Geniusact #StableCoin
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$XRP $ONDO Breaking : Ondo Finance's flagship short-term US Treasuries fund, OUSG, is now live on the XRPL with seamless minting and redemptions via Ripple's stablecoin, RLUSD.
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Breaking : Societe Generale, through its crypto subsidiary SG-Forge, has launched a USD-pegged stablecoin called USD ConVertible (USDCV) on the Ethereum and Solana blockchains. The Bank of New York Mellon (BNY Mellon) is acting as the reserve custodian for the stablecoin's assets. Public trading is expected to start in July 2025. The stablecoin is designed to be compliant with the EU's Markets in Crypto-Assets (MiCA) regulation and is aimed at institutional clients, offering 24/7 fiat-to-crypto conversions. #Crypto #economy
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$HBAR JUST IN: The SEC has delayed its decision on the HBAR Hedera ETF application submitted by Canary Capital, the next decision deadline set for September 9, 2025. #hbar #hedera #HederaHashgraph
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$XRP #FLR JUST IN: NASDAQ listed Vivo_Power is set to deploy $100M in XRP on Flare. #Ripple #Flare
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