#USStablecoinBill

In a significant step towards regulating stablecoins, the **U.S. Senate Banking Committee** approved the **GENIUS Act** (Guiding and Establishing National Innovation for US Stablecoins Act) on March 13, 2025, by a vote of 18 to 6. This legislation is considered the first comprehensive regulatory framework for the issuance and regulation of dollar-pegged stablecoins in the United States, and it has bipartisan support, increasing the chances of its passage as law soon.