On March 24th, it was reported that the US stablecoin bill GENIUS ACT will reach a critical moment in the Senate next month, as the White House intends to send the stablecoin bill to the Senate for consideration in April. It is reported that President Trump's digital assets working group urged Senate leaders to bring the bill to debate. The legislation establishes a regulatory framework for payment stablecoins (cryptocurrencies pegged to the US dollar). It successfully passed the Senate Banking Committee by 18 votes to 6 on March 13, marking an important step forward in the ongoing effort to develop clear rules of the road for stablecoins. The White House said that if the Senate version of the stablecoin bill receives sufficient support, it may be signed into law in its current form.