I am currently continuing to follow the progress of the stablecoin legislation. Even if the GENIUS bill passes in the Senate, it is merely the first step in the legislative process, and it still needs to be reviewed by the House of Representatives. Moreover, the bill itself is primarily drafted by the Republican Party, backed by strong support from Trump and his pro-market faction.
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I am currently continuing to follow the progress of the stablecoin legislation. Even if the GENIUS bill passes in the Senate, it is merely the first step in the legislative process, and it still needs to be reviewed by the House of Representatives. Moreover, the bill itself is primarily drafted by the Republican Party, backed by strong support from Trump and his pro-market faction.