According to Odaily Planet Daily, Visa's Chief Product and Strategy Officer Jack Forestell pointed out in an article on the official website that the U.S. Senate has passed the stablecoin bill (GENIUS Act). This means that stablecoins will usher in the next programmable digital currency era opportunity.
However, to become part of the world's next generation digital payment infrastructure, stablecoins still need to be built at the technical layer, reserve layer, and interface layer. The technical layer must ensure transaction security and reliability, the reserve layer must establish trust and be regulated, and the interface layer must provide a convenient fiat currency conversion mechanism.