Senate Clears Path to Stablecoins Act with Decisive Vote
The Senate has ended debate on the Generating National Innovation and Guidance for U.S. Stablecoins (GENIUS Act) by a vote of 68 to 30, paving the way for final passage of the bill by a majority. The vote, known as a “cloture vote,” is an important procedural step to prevent lengthy debate and expedite the legislative process.