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White House Digital Asset Policy Advisor: Hope to see the "GENIUS stablecoin Act" ultimately passed.
On June 17, Bo Hines, a digital asset policy advisor at the White House, expressed hope to see the passage of the GENIUS stablecoin bill. This landmark legislation will: upgrade our payment channels to adapt to the digital age; establish the United States’ leading position in the field of digital asset innovation; maintain the status of the dollar as the world’s reserve currency; provide regulatory clarity for stablecoins; and offer Americans faster, cheaper, and more reliable transactions. The future of finance has arrived - America is ready to lead it.