The Latest Crypto News - Stableoins on May, 2025

in #crypto • 2 months ago

šŸ”„The U.S. Senate’s GENIUS Act, aimed at regulating stablecoin issuers, faced pushback from nine Senate Democrats, citing ā€œnumerous issuesā€ with the bill. This has thrown the legislation’s future into doubt, potentially impacting stablecoin payment innovations.

šŸŒ Influences:

  • Uncertainty around the bill’s passage may slow the establishment of clear regulatory frameworks, hindering stablecoin adoption in payments.

  • Domestic stablecoin issuers face stricter oversight, potentially limiting U.S.-based innovation compared to offshore competitors like Tether.

  • Lack of legislative clarity could reduce investor and corporate confidence in stablecoin payment systems, slowing mainstream integration.

  • Delayed U.S. regulation may allow other countries to lead in stablecoin payment infrastructure, reducing U.S. influence in global finance.

How do you think? Interested in stablecoin payments? Various solutions here: šŸ”—https://lnkd.in/gDE3cJXs

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