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US Senate to vote on stablecoin bill before Memorial Day

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Summary
Nutrition label

60% Informative

Majority Leader John Thune has informed GOP Senators that the Senate will vote on the stablecoin bill before Memorial Day .

The bill, also known as the GENIUS ACT , will help provide clarity and regulate stablecoins, such as Tether 's USDT and Circle 's USDC .

If passed, this bill could be the first major US crypto legislation from Congress .

VR Score

38

Informative language

28

Neutral language

10

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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