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

Quotes that support claims

The companion bill to regulate stablecoins in the House, the STABLE Act, was still under consideration by the Financial Services Committee as of May

If the GENIUS Act passes the Senate, its path is less clear in the House of Representatives, where the House Financial Services Committee has advanced its own stablecoin legislation, the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, out of its committee 32-17 in May