Back to today’s briefing

Story perspectives

GENIUS Act: Controversial Bill Threatens Dollar Stability

5/25/2025

48 10

Summary

Story summary

The GENIUS Act is making strides in the Senate, seeking to regulate stablecoins tied to the U.S. dollar. While it introduces sensible policies, critics warn it may favor the crypto industry and Donald Trump, who has vested interests in stablecoins. If passed, the bill could threaten the stability of the U.S. dollar and encourage political self-dealing.

1 of 1

Story summary

The GENIUS Act is making strides in the Senate, seeking to regulate stablecoins tied to the U.S. dollar. While it introduces sensible policies, critics warn it may favor the crypto industry and Donald Trump, who has vested interests in stablecoins. If passed, the bill could threaten the stability of the U.S. dollar and encourage political self-dealing.