Stablecoin Bill Stalls in Senate, But A ‘Bump’ Is Expected

While the U.S. stablecoin bill faces delays in the Senate, experts believe this is a temporary obstacle. Cody Carbone, chief policy officer at the Digital Chamber, anticipates a vote on the GENIUS Act within weeks and expects it to pass soon. The bill was delayed after partisan tensions emerged due to President Trump’s involvement with crypto markets, ultimately leading to concerns about the legislation’s political implications.