The Intriguing Timing of the Stablecoin Bill Amid US Debt Pressures and Monetary Policy Disputes In the current context of massive US debt pressures and heated disputes between Trump and Federal Reserve Chair Powell over monetary policy, the timing of the GENIUS stablecoin bill's advancement is thought-provoking. On May 19, 2025, the US Senate passed the procedural motion for the GENIUS stablecoin bill with a vote of 66-32. On the surface, this appears to be a technical legislation aimed at r...