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US Senators prepare for a new vote on the highly anticipated stablecoin bill that recently failed to pass cloture. After facing backlash and support withdrawal from Senate Democrats, the bill has undergone new bipartisan amendments to advance the legislation in the upcoming weeks.
Stablecoin Bill To Face Second Cloture Motion
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A week after failing to pass the US Senate vote, Senator John Thune has filed cloture on the amended Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act following bipartisan efforts to revive the legislation.
Senator files for second cloture
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