The following statement is attributed to Blockchain Association Interim CEO and Head of Policy Sarah Milby ahead of today’s cloture vote on the GENIUS Act:
“The Senate is approaching a pivotal moment. With the GENIUS Act moving toward a vote on the motion to proceed, Congress has the chance to strengthen U.S. competitiveness on digital assets and lead on stablecoin legislation. The time to act is now. Stablecoins are the clearest path to preserving U.S. dollar dominance and securing our role in the future of digital finance. Tens of millions of Americans – developers, users, and voters – are demanding legal clarity and responsible innovation. Following healthy debate and bipartisan compromise, today’s vote on the motion to proceed to consideration of the GENIUS Act is a critical first step. We urge the Senate to move forward and solidify America’s leadership in financial and technological innovation.”
