The US Senate will vote on the crucial GENIUS stablecoin bill on Thursday The US Senate will vote on the GENIUS stablecoin bill on Thursday. The bill requires that the stable currency must be fully supported by assets such as the US dollar and short-term treasury bond bonds. Due to the need for at least 60 votes to pass, the Republican Party needs to win the support of some Democratic lawmakers, but currently, some members within both parties are opposed to the bill.