Leading U.S. banking groups have issued a call for Congress to tighten regulations surrounding stablecoins. They warn that the new GENIUS Act has created an unintentional loophole that […]
Bank Policy Institute Warns of Stablecoin Loophole in GENIUS Act
The financial world is grappling with a critical issue raised by major banking groups: a significant loophole within the proposed GENIUS Act that could destabilize the traditional financial […]
US Banking Groups Call for Stablecoin Yield Loophole Closure
Several prominent US banking organizations, including the Bank Policy Institute (BPI), have urged regulators to close a loophole within the new GENIUS Act that could allow stablecoin issuers […]
GENIUS Act Might Trigger Shift in Stablecoin Usage, Fueling Tokenization Demand
A key provision of the US GENIUS Act, banning interest-bearing stablecoins, might inadvertently accelerate the adoption of tokenized financial assets. While the ban aims to curb yield-earning potential […]
Ripple Resumes RLUSD Minting Ahead of GENIUS Act Vote
Ripple has resumed minting its RLUSD stablecoin, issuing 12 million tokens on June 13, 2025, in preparation for the upcoming U.S. Senate vote on the GENIUS Act. This […]
GENIUS Act Up for Vote: Will It Pass Next Week?
The U.S. Senate is set to vote on the GENIUS Act on June 17, a pivotal moment for the legislation. Earlier this week, the cloture motion passed with […]
Ripple Mints $12 Million RLUSD Ahead of Crucial Senate Vote on Stablecoin Rules
Ripple has preemptively injected 12 million RLUSD tokens into the market, boosting supply and driving trading volume in anticipation of a pivotal U.S. Senate vote on stablecoin regulations. […]
Ripple’s RLUSD Minting: Strategy for Stablecoin Liquidity Amidst GENIUS Act Vote
Ripple has reactivated its RLUSD minting mechanism, introducing 12 million new tokens into circulation just before the US Senate vote on the GENIUS Act. This strategic move comes […]
Ripple Resumes RLUSD Minting Before GENIUS Act Vote
Ripple has resumed minting its RLUSD stablecoin, adding 12 million coins to its supply in anticipation of the upcoming vote on the GENIUS Act. This move is expected […]
U.S. Senate to Vote on GENIUS Act for Stablecoin Regulation
The U.S. Senate will hold a vote on June 17th regarding the GENIUS Act, which aims to regulate stablecoins. This legislation could significantly impact how stablecoin issuers operate, […]
GENIUS Act Final Vote Looms: Stablecoin Regulation on the Horizon
A significant development looms as the US Senate prepares to hold a final vote on the GENIUS Act, aiming to establish regulatory frameworks for stablecoins. The bill’s deadline […]
GENIUS Act Advances Towards Senate Vote
The GENIUS Act is inching closer to a final vote in the US Senate. Cloture, a procedural move limiting debate, was invoked, setting the bill on track for […]
Senate to Vote on Stablecoin Regulation Bill in June
The U.S. Senate has scheduled a vote on the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) for June 17th, with further details to be […]
Senate Set to Vote on GENIUS Stablecoin Act: Implications for Market Landscape
The US Senate will hold a final vote on the GENIUS Stablecoin Act on June 17, aiming to regulate stablecoin issuance in the United States. With bipartisan support […]
U.S. Senate Set to Vote on Stablecoin GENIUS Act
The U.S. Senate is poised for a final vote on the GENIUS Act, legislation regulating stablecoins, scheduled for June 17th. The exact timing of the vote will be […]