# Senate Advances GENIUS Stablecoin Bill

*Author: Bankless*
*Published: May 20, 2025*
*Source: https://www.bankless.com/read/senate-advances-genius-stablecoin-bill*

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The U.S. Senate advanced the GENIUS stablecoin bill into its final debate phase, clearing a procedural hurdle with a 60-vote threshold.

## **What’s the Scoop?**
- **Key Vote Passed**: Senators cleared the 60-vote threshold to advance the GENIUS Act after earlier setbacks.
- **Revised Provisions**: Updated language in the bill addressed prior concerns around consumer protection and national security.
- **House of Representatives Next**: The House is now working on its own version to create a cohesive regulatory framework for stablecoins.
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