The U.S. Senate is scheduled to hold its final vote on the GENIUS Act stablecoin bill on June 17, 2025, at 4:30 PM Eastern Time. This vote represents the last legislative hurdle before the bill advances to the House of Representatives for further consideration. The GENIUS Act aims to establish a regulatory framework for stablecoins, including requirements for reserves, audits, and federal and state licensing. If passed, the legislation could significantly reshape the stablecoin market in the United States by imposing stricter oversight and potentially impacting major stablecoin issuers like Tether. The bill is viewed as a foundational step toward mainstream adoption and institutional acceptance of cryptocurrencies. The vote has garnered attention from financial institutions, with JPMorgan recently filing a stablecoin trademark, signaling increased interest in the sector.