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Senate Stablecoin Bill Clears Hurdle as GENIUS Act Charges Back—Wall Street Already Calculating Fees
Senate Stablecoin Bill Clears Hurdle as GENIUS Act Charges Back—Wall Street Already Calculating Fees
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Washington finally moves at crypto speed—or at least, bureaucratic light-speed—as the Senate’s stablecoin framework survives a critical vote. The resurrected GENIUS Act rides the regulatory tailwinds, proving even DC can’t ignore a $150B market forever.
Behind the scenes: Lobbyists from both TradFi and DeFi camps are reportedly rewriting their client memos mid-flight. Meanwhile, banks quietly explore how to slap ’blockchain integration fees’ onto the same old services.
Closing thought: When bipartisan support emerges this fast in an election year, ask whose donors stand to benefit. The real genius move? Getting taxpayers to fund the infrastructure for private profit—again.
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