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Stablecoin Bill Delay Just a ‘Bump’—Senate Vote Still Looms
Stablecoin Bill Delay Just a ‘Bump’—Senate Vote Still Looms
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The U.S. stablecoin bill, formally known as the GENIUS Act, faces a temporary delay in the Senate, but advocates remain optimistic about its eventual passage. Cody Carbone of the Digital Chamber predicts a vote within weeks, dismissing the recent procedural setback as minor. The revised bill has removed references to former President TRUMP to foster bipartisan support.
Market participants are closely watching the legislative process, as stablecoins play a pivotal role in cryptocurrency liquidity and adoption. The outcome could shape regulatory clarity for digital assets moving forward.
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