The White House plans to submit the stablecoin bill to the Senate for consideration in April

Odaily News Senator Hagerty's stablecoin bill GENIUS Act will receive a critical moment in the Senate next month. President Trump's Digital Asset Task Force urged Senate leaders to bring the bill to debate. The legislation, which establishes a regulatory framework for payment stablecoins (cryptocurrencies pegged to the US dollar), successfully passed the Senate Banking Committee on March 13 by 18 votes to 6, marking an important step forward in the ongoing efforts to establish clear rules of the road for stablecoins. The White House said that if the Senate version of the stablecoin bill receives enough support, it may be signed into law in its current form. (Crypto In America)