$USDC
As the Senate voted to invoke cloture last week, paving the way for final debate, expectations are growing that the GENIUS Act will pass the Senate today. Acknowledging the importance of passing the stablecoin bill, Sen. Bill Hagerty stated,
If we fail to act now, not only will these benefits slip away — we will also fall behind in global competitiveness. Without a regulatory framework, stablecoin innovation will proliferate overseas — not in America!…With the dollar struggling to maintain its role in the global economy, the GENIUS Act could just be the thing that saves it.
#GENIUSActPass
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