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Genius Act Passes: Stablecoins Set to Soar

Gareth Jenkinson, Managing Editor at Cointelegraph, joins Remy Blaire to discuss the recent passage of the Genius Act in the Senate, which aims to create a framework for stablecoins fully backed by the U.S. dollar. Additionally, Gareth shares his insights on this significant development for the cryptocurrency space. He expressed optimism about the bill’s potential to enhance stablecoin adoption in the U.S., although he noted the challenges it faces in the House, particularly from Democrats concerned about potential conflicts of interest involving the Trump family.

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