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GENIUS bill, if it passes the full Senate vote, will move to the House of Representatives for further consideration, where a similar stablecoin bill, called STABLE act, is also being prepared
House leaders, when GENIUS bill reaches the House, will have to decide whether to merge it with their own stablecoin bill called STABLE Act, or advance it as a standalone bill
GENIUS Act, if approved by both the Senate and House, will be sent to the president, who is expected to sign it into law
The GENIUS Act passed its second cloture vote 66–32 on June 11, 2025, advancing the legislation to a full Senate vote
Senate and House versions of the stablecoin bill differ in regulatory oversight between state and federal jurisdictions and in the treatment of foreign issuers such as Tether
GENIUS Act, after invoking its second cloture with strong bipartisan support on June 11, 2025, moved to a final Senate floor vote, ending debate and setting the stage for its formal passage with a simple majority, latest by June 16, 2025
Cloture is a Senate procedure requiring a three-fifths majority vote to end debate and prevent indefinite delays (filibuster), facilitating a timely final vote on legislation

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