
US Senators Seek Details on Meta’s Stablecoin Plans as GENIUS Act Stands Close to Approval
US senators Elizabeth Warren and Richard Blumenthal have written to Meta seeking details on the company’s stablecoin-related plans. The senators have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. Given its mammoth global userbase and the impending final vote on the US stablecoin-focused GENIUS Act, the senators aim…