GENIUS bill passing in the Senate means that it very likely this gets signed into law

Goes to the House of Reps where Republicans have a majority and 66 votes in the senate makes it filibuster proof

More stablecoins incoming

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

having fun onchain, exploring 10x tech, product designer since 2018, farcaster DAU since 2023, portfolio → /basedstudio

correct but it still works (albeit not efficiently)

This was a vote to invoke cloture (prevent filibuster for this particular act), not the vote on the act itself yet.

It is a positive signal though, but not the final step in the Senate yet.

Meanwhile at X 
@grok what does this mean? 

Glad you just answer it for us in the original cast “more stables incoming” 

These next few years are going to only heat up 😙

Not more - limits yield bearing stables. Just enshrines legacy stables. 

More use cases now that we have clarity hopefully.