#USStablecoinBill The U.S. Senate is currently deliberating the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), a bipartisan bill aimed at establishing a comprehensive regulatory framework for stablecoins. Introduced by Senators Bill Hagerty (R-TN), Cynthia Lummis (R-WY), Tim Scott (R-SC), and Kirsten Gillibrand (D-NY), the bill seeks to ensure consumer protection, promote innovation, and maintain the U.S. dollar's dominance in digital finance .