US Senate Set to Vote on GENIUS Stablecoin Bill This Wednesday

This Wednesday, June 11th, the US Senate will vote on the GENIUS Act, a pivotal moment for the stablecoin market valued at over $250 billion. The bill represents the first comprehensive regulatory framework for stablecoins, especially those pegged to the US dollar. This follows growing interest in cryptocurrencies and blockchain-based payments, which have seen historic price levels recently.