According to FOX reporter Eleanor Terrett, Republican Senator Bill Hagerty's stablecoin bill, the GENIUS Act, has released an updated version. The new version of the document expands the reciprocal clauses for overseas payment of stablecoins, adding reserve requirements, regulatory, anti-money laundering and counter-terrorism measures, sanctions compliance, liquidity requirements and risk management standards, aiming to promote international transactions and achieve interoperability with overseas payment of stablecoins in US dollars.