BlockBeats News, June 17, White House Digital Asset Policy Advisor Bo Hines stated that he hopes to see the (GENIUS Stablecoin Bill) ultimately passed, and this landmark legislation will:
Upgrade our payment channels to fit the digital age;
Establish America's leading position in digital asset innovation;
Maintain the dollar's status as the world's reserve currency;
Provide regulatory clarity for stablecoins;
Provide Americans with faster, cheaper, and more reliable transactions.
The future of finance has arrived - America is ready to lead it.