The Senate is on track to pass a significant crypto regulation bill known as the GENIUS Act, which focuses on stablecoins, with a crucial vote scheduled for June 17. Supporters argue that the legislation could propel stablecoins into the financial mainstream, potentially allowing the US stablecoin market to exceed $2 trillion by the end of 2028. However, the bill has drawn criticism from figures like Elizabeth Warren, who warns that it could facilitate corruption and fail to address major concerns, including conflicts of interest related to Trump’s investments. As lawmakers push forward, the implications of the GENIUS Act could reshape the landscape of digital currencies and the broader financial environment.