U.S. White House pushes for swift passage of stablecoin bill

The U.S. White House is reportedly pressuring Congress to fast-track the GENIUS Act, a stablecoin regulation bill, with the goal of getting it to President Trump’s desk within two months, according to Eleanor Terrett via Crypto in America. The bill passed the Senate Banking Committee and is expected to reach the Senate floor soon. If it gains strong support, lawmakers may bypass reconciliation with the House’s version, the STABLE Act, which is set for markup on April 2. However, it's unclear if the House will drop its bill in favor of the Senate's.