Crypto executives, including Coinbase CEO Brian Armstrong, are gathering in Washington, DC, to advocate for a stablecoin bill that initially failed in the Senate. Armstrong indicated that the Senate could vote on the GENIUS Act again, possibly as soon as the following day. He emphasized the urgency of the bill and the need for final negotiations to address outstanding concerns. Much of the debate centers on the necessity for a provision regarding President Donald Trump's potential profits from digital assets, such as his TRUMP memecoin. Support from Democratic lawmakers is contingent on these negotiations. The article notes that this situation is developing, with further updates expected as events unfold.

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