US Senate Prepares to Drop the Stablecoin Bomb: Will the GENIUS Act Make It Big or Just Fizzle? 🚀🤔

In what can only be described as the legislative equivalent of speed-dating, the US Senate is tiptoeing toward a vote on the GENIUS Act. Rumor has it, by the end of the week, unless they get caught in a endless loop of “discussions,” we’ll finally see whether this little piece of shiny paper turns into a law or just a very expensive paperweight. 📝✨

Apparently, Congress is now playing a high-stakes game of “who can agree first” on the key issues surrounding the bill. The Senate, that revered sanctuary of political debate, is deliberating amendments faster than a squirrel on espresso. According to a report posted on X (formerly known as Twitter—because who doesn’t love a good rebrand?), Eleanor Terrett, our favorite cryptocurrency journalist, suggests the bill might actually become law by week’s end.

Now, here’s where it gets truly *exciting.* Lawmakers are secretly (okay, not so secretly) negotiating behind closed doors, trying to reach a consensus so smooth it could glide. The hope is, if all goes well, the bill will skip that tedious full cloture thing—sort of like jumping ahead in a queue, but with more legalese and fewer baked goods. 🍪

A golden coin with a dollar sign, waiting to be legislated

So, stay tuned, strap in, and maybe cross your fingers — or bribe a senator — because the legislative circus is in town, and everyone’s watching whether the stablecoins will stay steady or tip over. 🐴💸🤡

Right after… Read More at Coingape.com

2025-06-02 19:53