[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![SecScottBessent Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1889019333960998912.png) Treasury Secretary Scott Bessent [@SecScottBessent](/creator/twitter/SecScottBessent) on x 541.3K followers
Created: 2025-05-08 18:48:16 UTC

For stablecoins and other digital assets to thrive globally, the world needs American leadership.

The Senate missed an opportunity to provide that leadership today by failing to advance the GENIUS Act.

This bill represents a once-in-a-generation opportunity to expand dollar dominance and U.S. influence in financial innovation. Without it, stablecoins will be subject to a patchwork of state regulations instead of a streamlined federal framework that is more conducive to growth and competitiveness.

The world is watching while American lawmakers twiddle their thumbs. Senators who voted to stonewall U.S. ingenuity today face a simple choice: Either step up and lead or watch digital asset innovation move offshore.


XXXXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1920551341531017606/c:line.svg)

**Related Topics**
[dominance](/topic/dominance)
[money](/topic/money)
[stablecoins](/topic/stablecoins)

[Post Link](https://x.com/SecScottBessent/status/1920551341531017606)