The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month.

The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins.

The stablecoin bill sponsored by Senator Bill Hagerty (R-TN) is moving to the next stage of the legislative process after ...

The banking industry fears stablecoins will disintermediate legacy financial institutions and is fighting against the current iteration of the GENIUS Act.

A stablecoin is a cryptocurrency (crypto) that is tied to the value of an underlying asset, most often a fiat currency like the US dollar. Stablecoins are designed to limit volatility by ...