Story perspectives

Senators Push New Stablecoin Bill Amid Regulatory Shifts

5/14/2025

35 5

Summary

Story summary

Bipartisan senators seek to reintroduce stablecoin legislation following the GENIUS Act's failure linked to President Trump's crypto activities.
Tether is set to launch a domestic stablecoin in the U.S. and is ramping up lobbying efforts amid regulatory changes.
The Cedar Innovation Foundation calls for prompt stablecoin legislation to boost U.S. competitiveness.
The Northern Mariana Islands Senate has overridden a veto, paving the way for a government-backed stablecoin initiative.

1 of 1

Story summary

Bipartisan senators seek to reintroduce stablecoin legislation following the GENIUS Act's failure linked to President Trump's crypto activities.
Tether is set to launch a domestic stablecoin in the U.S. and is ramping up lobbying efforts amid regulatory changes.
The Cedar Innovation Foundation calls for prompt stablecoin legislation to boost U.S. competitiveness.
The Northern Mariana Islands Senate has overridden a veto, paving the way for a government-backed stablecoin initiative.