Senator Elizabeth Warren Warns Stablecoins Could ‘Blow Up Our Entire Financial System’

Senator Elizabeth Warren is worried a bipartisan stablecoin bill working its way through Congress doesn’t do enough to address the systemic risks she thinks the dollar-pegged assets pose. Senator Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in February. source: https://dailyhodl.com/2025/03/26/senator-elizabeth-warren-warns-stablecoins-could-blow-up-our-entire-financial-system/