{"id":32475,"date":"2025-06-18T13:46:35","date_gmt":"2025-06-18T13:46:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32475"},"modified":"2025-06-18T13:46:35","modified_gmt":"2025-06-18T13:46:35","slug":"genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32475","title":{"rendered":"GENIUS Stablecoin Bill Clears Senate But Trump&#8217;s Crypto Profits Loom Over Momentum"},"content":{"rendered":"<div>\n<p>The U.S. Senate&#8217;s <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/us-senate-passes-stablecoin-bill-milestone-crypto-industry-2025-06-17\/\">passage<\/a> of the GENIUS Act marks a watershed moment for stablecoins, offering long-awaited regulatory clarity that could unlock trillions in institutional capital. Industry leaders hailed the bipartisan vote as a breakthrough for financial innovation, with fintechs and banks now <a href=\"https:\/\/www.benzinga.com\/topic\/stablecoins\">poised to accelerate adoption<\/a>. <\/p>\n<p>Yet the legislation arrives under a cloud of controversy: President <strong>Donald Trump<\/strong>, expected to sign the bill, stands to benefit personally through <strong>World Liberty Financial<\/strong>, a firm his family owns that plans to launch a stablecoin called USD1. <\/p>\n<p>Critics warn of a deepening conflict of interest as Trump\u2019s administration simultaneously rolls back crypto enforcement while his financial ties to the sector grow. World Liberty Financial earned him over <a href=\"https:\/\/www.benzinga.com\/news\/politics\/25\/06\/45939551\/trump-made-57-4-million-from-family-crypto-firm-plus-big-bucks-from-branded-guitars-sneakers-and-watches\">$57 million last year alone<\/a>.<\/p>\n<p>Still, <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45989307\/senate-passes-genius-act-coinbases-brian-armstrong-calls-it-big-milestone-scott-bessent-says-passage-could-drive-stablecoins-into-a-3-7-trillion-market\">industry leaders<\/a> are choosing to concentrate on how stablecoins will revolutionize things like cross-border payments, 24\/7 settlements, and global liquidity.<\/p>\n<h3 class=\"wp-block-heading\">\u2018<strong>Hotly Awaited<\/strong>\u2018<\/h3>\n<p>&#8220;A federal stablecoin framework has been hotly awaited by the private financial sector, so it&#8217;s about time,&#8221; <strong>Alex Buelau<\/strong>, co-founder of <strong>Rayls<\/strong>, told Benzinga.<\/p>\n<p>He noted that the lack of regulatory guidance has left fintechs, banks, and payment providers &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45995223\/genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum\" alt=\"GENIUS\" stablecoin bill clears senate but trump crypto profits loom over momentum>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Senate&#8217;s passage of the GENIUS Act marks a watershed moment for stablecoins, offering long-awaited regulatory clarity that could unlock trillions in institutional capital. Industry leaders hailed the bipartisan vote as a breakthrough for financial innovation, with fintechs and banks now poised to accelerate adoption. Yet the legislation arrives under a cloud of controversy: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32475","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32475"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32475\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}