Warren’s Latest Target: The Stablecoin That Divided the Democrats

Senator Elizabeth Warren has long been a sharp critic of the crypto industry. Now, she has found unlikely common ground with a group of Democrats who voted for the GENIUS Act—a bill designed to regulate stablecoins. The new friction centers on World Liberty’s stablecoin, a digital asset tied to the U.S. dollar. While the GENIUS Act aimed to create a clear legal framework for such coins, Warren argues it leaves too many loopholes for risky players. Her stance has created a rare split within her own party. Some Democrats backed the bill, seeing it as a step toward mainstream acceptance and consumer protection. Others, including Warren, warn that it legitimizes a volatile sector without enough oversight. At the heart of the debate is a simple question: Should stablecoins be treated as safe money, or as risky speculation? Warren’s answer is clear—she wants stricter rules before these assets gain wider trust. For now, the political battle lines are drawn. World Liberty’s stablecoin has become more than a financial product; it is a test of how far Washington will go to embrace crypto.