[BLOG] Stablecoins at the Crossroads: Regulation, Infrastructure, and DeFi’s Credit Revolution

The cryptocurrency industry stands at a legitimately pivotal moment. Just weeks ago, on May 26, the U.S. Senate voted 66-32 to invoke cloture on the GENIUS Act (S. 394), marking the first major piece of crypto legislation to clear a significant hurdle.

With the bill now headed for a full Senate vote and eventual House consideration -- potentially within days as of this writing -- stablecoins are poised to transition from the fringes of finance to its regulated core -- and not a moment too soon.

This legislative milestone underscores a truly seismic shift.

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