US Senate will pass Stablecoin bill — Digital Chamber chief

The Stalling of key stable legislation in the American Senate was a minor setback, and the bill will adopt in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC, Blockchain -based advocacy group.

Addressing Cointelegraph at the 2025 consensus, Carbon argued that it was in the best interest of the United States to adopt full stablecoin regulations to protect the hegemony of the US dollar on the world markets, which has bipartite appeal and support. Carbon said:

“These things never move as quickly as we want them to move, but it is a legislation on stables. This congress has already evolved faster than we could never have imagined. So, yes, it is a bump on the road, but I think that very, we will have another vote.”

The national guidance and establishment innovation in the American stables of 2025, or Genius Act, is considered an element of critical legislation. Do not adopt a full regulatory reform before the mid-term elections of 2026 could mean a reversal of the positive regulatory environment and a slowdown in cryptographic markets.

“The negotiations have continued, and I am therefore always very optimistic,” said Carbon. “This bill will adopt the Senate in the coming weeks.”

In relation: What are the next steps for the American stable law bill?

Trump’s partisan policy and involvement in the blamed crypto for Bill’s failure

The law did not adopt the procedural vote in the Senate on May 8 after several Democratic legislators withdrew the support of the bill, citing the involvement of US President Donald Trump in the crypto as a potential cause of ethics problems and the main driving force support for the Backpedal for the last -minute bill.

The Chief Legal Director of Coinbase, Paul Grewal, also said that Trump’s cryptographic links complicate the regulatory process, while legislators continue to examine its activities on the same market, decentralized finances and the non -fascinable token sector (NFT).