Senate Backs Stablecoin Bill as GENIUS Act Rises

May 20, 2025

Catenaa, Wednesday, May 21, 2025- The Senate’s long-stalled stablecoin legislation, known as the GENIUS Act, surged back to life Monday evening, clearing a critical procedural vote and setting the stage for a full floor. The bill, which would create a federal framework for issuing stablecoins, passed the 60-vote threshold needed for cloture after several key […]