Democrats May Have Guaranteed Success for the GENIUS Act Stablecoin Bill

A group of pro-crypto Senate Democrats introduced an amendment to the GENIUS Act that is widely expected to fail—on purpose. The move appears designed to look like opposition while actually helping the stablecoin bill pass. This largely ceremonial opposition will allow Democrats to save face on a potentially unpopular move. What’s Happening with the GENIUS ACT? The GENIUS Act, a major bill to regulate stablecoins, has stirred controversy source: https://beincrypto.com/genius-act-stablecoin-bill-democrat-filibuster-strategy/