US lawmakers are debating last‑minute changes to the GENIUS Act after banking groups urged Congress to block third‑party rewards on stablecoins. The push landed as stablecoin supply passed $316 billion, a sign that everyday users already rely on dollar‑pegged tokens for payments and savings. The fight taps into a bigger theme: who controls digital dollars as crypto moves closer to the financial mainstream. Stablecoins like USDC and USDT held steady at$1, but the policy noise hit crypto stocks and DeFi t ...