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FriedButter

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Stablecoins will preserve dollar dominance, Treasury Secretary Bessent says

It is a circus show of clowns.

The official name of the StableCoin bill is called the “GENIUS Act.”

The Senate is set to vote Thursday on the GENIUS Act — a sweeping stablecoin bill that both critics and supporters say would put the imprimatur of the federal government on the nascent industry, and clear the way for greater adoption of stablecoins as a means of payment outside the world of crypto trading.

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