Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act’s March 26 version should close the gap with the Senate’s counterpart, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, differing only in minor ways that can be ironed out along the way.

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Feb 28, 2025 - 10:00pm

Quotes that support claims

The Senate Banking Committee had already advanced its own version of the legislation with a strong bipartisan vote, so it moves on now to consideration on the Senate floor. Rep. Tom Emmer, the House majority whip who has been among Congress' top crypto advocates for years, said the two bills have "some minor differences that I'm sure can be ironed out."

The new version will "close the gap" between the House efforts and the Senate version of the bill, Steil said during a conference appearance Wednesday.