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News Explorer — Senate Stablecoin Bill GENIUS Act Gains Support and Moves One Step Closer to Passing

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May 20, 1:02 am

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Senate Stablecoin Bill GENIUS Act Gains Support and Moves One Step Closer to Passing

The Senate's stablecoin bill, known as the GENIUS Act, has regained momentum after a failed vote. Key Democrats have now supported the bill, which is expected to pass soon. The bill aims to establish a legal framework for issuing stablecoins in the US.

The Senate's stablecoin bill, known as the GENIUS Act, has regained momentum after a failed vote. Key Democrats have now supported the bill, which is expected to pass soon. The bill aims to establish a legal framework for issuing stablecoins in the US.

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