🚨US Bipartisan #Stablecoin Bill Gains Momentum in Senate.
🔹Senators from both #parties are reviving a crypto-friendly stablecoin bill
🔹Bill sponsor Sen. Bill Hagerty #hopes for passage before May 26 recess
🔹Progressive Democrats demanded bans on Trump profiting from crypto—rejected by Republicans
🔹Democrats' support is key due to Senate’s 60-vote threshold
🔹Coinbase and industry leaders are lobbying to break the impasse
🔹Bill stalled earlier due to lack of public text and political clashes
A fast-track vote may occur this month, with significant implications for stablecoin regulation and industry legitimacy in the U.S.