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Senate Advances Stablecoin Bill, Clearing the Way for Final Passage

At least 60 Senators voted in favor of the GENIUS Act on Monday night.

May 20, 2025, 1:28 a.m.
Sen. Bill Hagerty, who spearheaded the GENIUS Act. (Tasos Katopodis/Getty Images for 137 Ventures/Founders Fund/Jacob Helberg)
Sen. Bill Hagerty, who spearheaded the GENIUS Act. (Tasos Katopodis/Getty Images for 137 Ventures/Founders Fund/Jacob Helberg)