GENIUS Act Vote on May 19: Will the U.S. Finally Regulate Stablecoins?

May 18 2025 bitcoin


Stablecoins to Hit $3.7 Trillion by 2030, Says Citi Bank

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The U.S. Senate is preparing to vote on the GENIUS Act (Guaranteed Electronic USD Issuance and Safeguards Act) on May 19, 2025. The bipartisan bill, co-sponsored by Senator Bill Hagerty (R-TN) and Senator Kirsten Gillibrand (D-NY), aims to establish the first-ever regulatory framework for payment stablecoins in the United States. Hagerty Eyes Bipartisan Breakthrough Senator …