The GENIUS act provides that clarity. It's the first step in bringing digital assets into our financial system by setting a clear framework for stablecoins. To be clear, Americans are already using stablecoins and will continue to use them with or without this legislation. What this bill does is establish a framework that protects consumers and safeguards national security while promoting that innovation right here in the United States. (01:51–01:57)
CLAIM
Asserts that stablecoin usage in the U.S. will persist regardless of new legislation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
