U.S. lawmakers are reportedly nearly in agreement on the terms of a Senate stablecoin bill GENIUS

Event date

May 15, 2025

Quotes that support claims

The latest draft of the U.S. Senate's stablecoin legislation includes enough changes that Democratic senators may now have an easier time getting back on board, though consumer advocates say it still falls short.

U.S. lawmakers are nearing agreement on a Senate stablecoin bill, with one source familiar with the negotiations saying the parties are "90% there" on the terms.

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Week 20 of 2025