https://www.forbes.com/sites/tonyaevans/2025/03/13/genius-act-clears-senate-banking-committee-what-it-means-for-stablecoins/

- "As the world modernizes its payment systems, the U.S. cannot be left behind,” Hagerty said. “Stablecoins can play a pivotal role in spurring that modernization. Whether it’s improving transaction efficiency, freeing up working capital, or driving U.S. Treasury demand, the benefits of a clear regulatory framework for stablecoins are immense.”"

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how will they prevent terrorists and child traffickers in Africa from using dollar stablecoins to conduct nefarioius activities?

Why would they? They don't give a hoot about that.
Unless the narrative serves their interest, which in this case is doesn't, because dollarizing the world is a bigger interest to serve than control through AML/KYC.

bitcoin

Saylor's Grand Strategy: Sell Dollars USDT & Recapitalize the Entire US on BTC

> how will they prevent terrorists and child traffickers in Africa from using dollar stablecoins to conduct nefarioius activities?

Why would they? They don't give a hoot about that.
Unless the narrative serves their interest, which in this case is doesn't, because dollarizing the world is a bigger interest to serve than control through AML/KYC.