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As Trump Says 'Get It to My Desk' For 'GENIUS' Stablecoin Bill, Analysts Warn Of Disruption To Payment Giants Visa And Mastercard
Thursday, June 19, 2025 - 4:00pm | 1426Analysts are pointing out that the GENIUS Act, which was passed in the Senate on Tuesday, could increase the competition for the large payment networks like Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA). What Happened: The act establishes a regulatory framework for dollar-pegged cryptocurrencies...