The GENIUS Act passed the Senate this afternoon with a bipartisan, supermajority vote of 68-30. This is a win for the U.S., a win for innovation, and a monumental step towards appropriate regulation for digital assets in the United States. Clear, fit-for-purpose stablecoin law is critical in securing the U.S.’s role as a leader in technological innovation, and it would not be possible without the admirable, thoughtful leadership of Senators @SenatorHagerty, @SenLummis, @SenatorTimScott, @SenGillibrand, and @Sen_Alsobrooks. Thank you! The DEF team looks forward to working with House leaders to advance this legislation. We are happy to be a resource to any lawmakers looking to better understand this legislation, and any topics related to decentralized finance or digital assets, more broadly.