#USStablecoinBill The Payment Stablecoin Act, introduced in April 2024 by Senators Cynthia Lummis and Kirsten Gillibrand, aims to regulate stablecoins in the United States. However, there has been significant turmoil in the Senate over this bill, with nine Senate Democrats withdrawing their support. Their concerns focus on the bill's adequacy in addressing money laundering and potential risks to the financial system. Additionally, ethical concerns have been raised about the Trump family's involvement in a crypto company, World Liberty Financial, which is expanding globally. Critics argue that this expansion could indirectly benefit the President and raise potential conflicts of interest.