<ul><li>A stablecoin bill, the GENIUS Act, has been advanced by an 18-6 vote in the Senate Banking Committee and is now headed to the full Senate.</li><li>The bill, a priority of President Donald Trump, aims to establish a safe and pro-growth regulatory framework for stablecoins.</li><li>The GENIUS Act proposes a regulatory balance between state and federal oversight for stablecoin issuers.</li><li>Similar legislation is being worked on by the House Financial Services Committee.</li></ul>

Stablecoin Bill Heads to Senate After Vote in Banking Committee

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