The Senate is voting on stablecoin legislation today. SWC will be scoring this vote as a KEY VOTE. Tell your senator to stand with the over 52 million crypto owners in the USA - click here: standwithcrypto.org/s/genius/

Crypto remains the most bipartisan issue in Washington. Grateful to French Hill, Glenn "GT" Thompson, Angie Craig, Tom Emmer, Rep. Dusty Johnson, Congressman Don Davis, Bryan Steil, Rep. Ritchie Torres and Rep. Warren Davidson for stepping up as co-sponsors of the new digital asset market

I've read every version of market structure legislation that Congress has produced in the last seven or so years and DAMCA — the new House draft published Thursday — is the best by far. There are still problems that need to be fixed, but I'm surprised how close this is to ready.

The banks demanded the exclusion for yield-bearing stablecoins in the GENIUS Act. Now they're upset that the language they asked for doesn't screw over stablecoin holders hard enough. Sorry you guys did a bad job negotiating your regulatory moat. Try lobbying better next time!

More accurate title would have been: "Government, please block our competition so we can maintain our fat margins"

Nice letter, but where are your “Stand With Banking” advocates?

The banking lobby’s claim that stablecoins will cost them $6 trillion in deposits is mind blowing  — and not in a good way. Here's the truth: while we're excited about stablecoins, nobody credible is predicting a $6T market. Let’s unpack why this number is pure fiction.

I’m not sure I understand Governor JB Pritzker. 102 House Dems and 18 Senate Ds voted for the GENIUS Act, and 78 House Ds supported CLARITY, and they did this to support bad bills written by crypto bros? The Democratic Party is making important strides to correct the mistakes of the ‘24

The big banks are working overtime to shield themselves from any possibility of competition. Their latest trick? Objecting to language that they negotiated in the GENIUS Act, in an effort to undermine one of President Donald J. Trump’s signature legislative achievements. Remember, GENIUS is a law

Great thread here by Faryar Shirzad 🛡️ explaining why the Big Banks don’t like the innovations happening in their industry. Coinbase 🛡️

Banks claim stablecoins will drain deposits and harm lending, but there’s no evidence supporting this. Bank attacks on the bipartisan GENIUS Act and on President Donald J. Trump’s crypto agenda aren’t about stability—they’re about protecting $187B in payment fees. Stablecoins modernize payments and

1 MILLION 🛡️ That’s how many lawmaker contacts we just hit thanks to all of you. And, in the last 2 days alone, the community has sent 120K emails to their Senators to protect crypto rewards. The crypto community is loud and we’re here to stay…

Every small business deserves onchain payments.

Today in DC with the IMF in town. Choose your fighter.

Big news from Federal Reserve governor Chris Waller announcing a potential skinny master account to facilitate payments. By giving non-banks direct Fedwire/ACH access, Waller's proposal enables stablecoin issuers & tokenized asset platforms to settle on-chain transactions without

Thank you to all the staff who made this week possible. While the Members make the final calls and negotiate the final deals, Congressional staff put in thousands of hours over years to achieve good public policy. Grateful to all of you.

It’s not a debate anymore - crypto and stablecoins are the tools that will update the global financial system. Excited to be collaborating with Citi to work on improving stablecoin utility and digital asset adoption with their clients.