The U.S. House of Representatives is set to finalize the full text of the <i>Stablecoin Transparency and Accountability Act</i> today.

During the GENIUS Act legislative process, lawmakers from both parties engaged in a key game of chess on the stablecoin issue, with debate focusing on the possibility of tech giants issuing stablecoins, the business relationship between President Trump and the crypto industry, and the shortcomings of the bill in terms of anti-money laundering, among other aspects.

The market prediction currently indicates a 60% chance of this bill passing this year.