According to online reports, according to encryption journalist Eleanor Terrett, the U.S. Senate is scheduled to hold a procedural vote on an updated version of the stablecoin regulation bill, the GENIUS Act, at 1:45 pm EST (1:45 am Beijing time on May 9). It is reported that after late-night negotiations and last-minute text updates between Senate Republicans and Democrats, the vote will be a "fierce showdown." The bill requires 60 votes in favor. Currently, the Republican Party has 53 seats and the Democratic Party has 47 seats. The Republican Party needs to win the support of at least 7 Democrats.