Senate Democrats’ Reversal Puts US. Stablecoin Bill in Jeopardy

Catenaa, Tuesday, May 06, 2025-The future of a major US. stablecoin bill is uncertain after nine Senate Democrats, including four who had previously supported the measure, reversed their stance just days before a critical vote. The bipartisan GENIUS Act – Guiding and Establishing National Innovation for US Stablecoins -was poised to hit the Senate floor […] source: https://investors.catenaa.com/news/senate-democrats-reversal-puts-us-stablecoin-bill-in-jeopardy