🏛️ What it includes
⚖️ Controversies & next steps
Crypto interests vs. watchdogs:
Some Democrats, led by Senator Warren, argued that key amendments—especially around limiting politicians’ profit from stablecoins—were blocked .
And concerns were raised about foreign-linked investors, including Trump‑associated firms .
Awaiting House action:
The bill now moves to the House, where it faces negotiation with the companion STABLE Act. Its goal: reach the President’s desk before the August recess .
🚀 Why it matters
Policy breakthrough: First-ever stablecoin framework—shifting from regulatory uncertainty to legal clarity.
Consumer protections: Aims to curb fraud, protect reserves, mandate transparency.
Broader impact: Could reshape digital payments, bank deposit flows, and U.S. competitiveness in crypto.
Summary
StageStatusSenate Passage✅ Completed (68–30) on June 17, 2025House Review🔄 Under consideration, with STABLE Act coordinationPresidentPending signature after House approval
