#USStablecoinBill #BinanceSafetyInsights, and #SECGuidance. I’ll assume you’re seeking details on the latest stablecoin legislation (e.g., GENIUS Act, STABLE Act), their progress, and impacts on XRP, BTC, ETH, SOL, $TRUMP, and the broader crypto market, tying to your May 5 market pullback query, April 28 tax cuts, and May 3 Apple crypto updates. I’ll use provided web and X post data (e.g., GENIUS Act details, @CaitlinLong_’s posts), incorporate your April 10 S&P 500 rebound and April 21 tariffs-BTC context, critically analyze the narrative, and keep it concise with info as of May 5, 2025. US Stablecoin Bill: May 2025 UpdateThe US is advancing stablecoin regulation through two key bills: the Senate’s Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act and the House’s Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act. These aim to regulate dollar-pegged stablecoins (market cap $230 billion, per Atlantic Council), balancing innovation, consumer protection, and US dollar dominance. Below is their status, provisions, and crypto market impacts, with ties to your prior queries. 1. Legislative StatusGENIUS Act (Senate):Introduced: February 4, 2025, by Sen. Bill Hagerty (R-TN), co-sponsored by Tim Scott (R-SC), Kirsten Gillibrand (D-NY), Cynthia Lummis (R-WY), and Angela Alsobrooks (D-MD), per Covington & Burling. Progress: Passed Senate Banking Committee 18-6 on March 13, 2025, with bipartisan support (five Democrats voted yes), per Axios. Awaiting full Senate floor debate and vote, with amendments addressing consumer protections and bankruptcy priority, per Kroll. Timeline: Senate Banking Chair Tim Scott and Trump aim for passage by August 2025, per Nextgov/FCW and @CaitlinLong_. STABLE Act (House):Introduced: March 26, 2025, by Reps. French Hill (R-AR) and Bryan Steil (R-WI), following a February 6 discussion draft, per CoinDesk and House Financial Services Committee. Progress: Passed House Financial Services Committee 32-17 on April 2, 2025, with six Democrats in favor, per Cointelegraph.