Circle (CRCL) co-founder and CEO Jeremy Allaire says the GENIUS Act, which governs stablecoins and digital dollar issuance, takes effect in January 2027 after about five years of bipartisan work. He calls it the only major bipartisan legislation passed in the past two years, with nearly 70 votes in the Senate. Allaire says Circle's work on dollar competitiveness and payments is not partisan, and the company works with leaders in both parties. He expects a push to get the Clarity Act back on track before year-end, which many Democratic leaders have said they want to pursue.
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