Stablecoin Vote Fractures Democratic Party Amidst Crypto Turmoil

The American Democratic Party is facing a political earthquake as it grapples with the implications of stablecoins, a revolutionary technology reshaping global finance. The Senate vote on May 19th on the GENIUS Act – a regulatory framework for stablecoins – has exposed deep divisions within the party, fracturing its once-solid unity and igniting internal tensions that threaten to derail future policy decisions.