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Posted: 2025-06-18 16:29:23 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-18 16:29:38 UTC
Verified By
Rollup News
The Senate passed the GENIUS Act, a bipartisan bill establishing a regulatory framework for payment stablecoins, aiming to solidify U.S. dollar dominance, protect consumers, and foster innovation in the digital asset space.
Establishes a pro-growth regulatory framework for payment stablecoins
Cements U.S. dollar dominance in the digital asset space
Protects consumers and deters illicit activity
Facilitates faster and cheaper payment processing
Increases demand for U.S. Treasuries