U.S. Senate advances stablecoin bill supported by crypto industry

Jun. 11, 2025 4:06 PM ETUSDT-USD, USDC-USDBy: Max Gottlich, SA News Editor
(1min)
Washington, D.C Capitol building

The U.S. Senate on Wednesday moved a step closer to fully passing landmark stablecoin legislation, advancing a bipartisan bill that the crypto industry hopes will help turn such price-stable digital assets into a widely used payment option.

The GENIUS Act

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