US GENIUS stablecoins bill could bolster greenback's global dominance

Senate vote passed 66-32 on Monday

Eve Maddock-Jones
clock • 3 min read

The strength of the US dollar has been challenged in recent weeks by the president’s trade war and shaky fiscal grounds spooking the bond market, but the formerly objected stablecoin bill could now help re-establish the currency’s supremacy.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Alternatives

Stewarts' Alex Jay: Private credit is the next frontier of fraud

Stewarts' Alex Jay: Private credit is the next frontier of fraud

'Easy pickings for unscrupulous players'

Alex Jay
clock 13 August 2026 • 2 min read
Robinhood unlocks UK access to crypto trading ahead of FCA regime

Robinhood unlocks UK access to crypto trading ahead of FCA regime

Rollout starts this week

clock 10 August 2026 • 1 min read
Deep Dive: Challenging private credit backdrop places emphasis on management skill

Deep Dive: Challenging private credit backdrop places emphasis on management skill

Allocations becoming more selective

Michael Nelson
clock 07 August 2026 • 3 min read
Trustpilot