🚨🇺🇸U.S. SENATE TO VOTE ON LANDMARK STABLECOIN #GENIUSACT MAY 19
🔹GENIUS Act final #vote set for May 19.
🔹Stablecoin issuers >$10B to be regulated by the Fed; smaller ones by states.
🔹Stablecoins must be fully backed (USD or Treasuries).
🔹New clauses: ban Big Tech from finance, enhance consumer & official oversight.
🔹First major U.S. stablecoin regulation if passed.