According to Jake Chervinsky on Twitter, despite a 'no' vote in the Senate regarding stablecoin regulation, over 60 Senators reportedly support the initiative, with both parties blaming each other for the delay (source: Jake Chervinsky, Twitter, May 8, 2025). This bipartisan acknowledgment signals positive momentum for future regulatory clarity, which is likely to reduce uncertainty and volatility in the stablecoin sector and broader crypto markets once legislation advances.