Joint Statement on GENIUS Act

Today, the CEOs of the three leading digital asset trade associations jointly urged the Senate to bring the GENIUS Act to the floor for debate this week.

“We, the CEOs of the nation’s three leading digital asset trade associations, jointly urge the Senate to bring the GENIUS Act to the floor for debate this week. A comprehensive regulatory framework will enable widespread and increased stablecoin adoption, which is essential to cementing U.S. dollar dominance in the digital economy. We are grateful for the significant strides the GENIUS Act has already made, and we hope to see meaningful refinements to further ensure U.S. leadership in digital finance.

We respectfully urge Senators to vote YES on the motion to proceed to consideration of the GENIUS Act, and move us one step closer to enacting a bipartisan stablecoin framework.”

– Blockchain Association CEO Kristin Smith
– Crypto Council for Innovation Acting CEO Ji Kim
– The Digital Chamber CEO Cody Carbone