White House pushes to bring stablecoin legislation to Senate floor next month

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ODAILY
03-25
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White House is actively pushing the Act to enter the Senate for review as soon as possible, aiming to have it signed into law by President Trump within two months. The bill passed the Senate Banking Committee on March 13 with a vote of 18 to 6, intending to establish a regulatory framework for dollar-pegged payment stablecoins. The House version of the Act will begin review on April 2, and the White House hopes the Senate version will gain sufficient support to directly pass the House, avoiding the legislative consultation process. (Crypto in America)

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