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Bo Hines: The "GENIUS Act" will solidify the dominance of the US dollar and lead global innovation in digital assets.
On May 20, White House digital asset policy advisor Bo Hines commented on the passage of the "GENIUS stablecoin bill" through the Senate procedural vote, stating, "The final vote, passed unanimously by both parties, is an important step in securing the financial future of the United States. The 'GENIUS bill' will solidify the dollar's dominance, upgrade America's payment system, and position the U.S. as a global leader in digital asset innovation. Now is the time to solidify America's leadership and pass this historic legislation."