Chainlink's LINK token rose by 1% to $13.16 following the US Senate's approval of the GENIUS Act, which aims to regulate stablecoins. The bill passed with a 68-30 vote and is expected to enhance Chainlink's infrastructure role in the digital economy. Former President Donald Trump has urged the House to expedite the bill's passage, highlighting its significance. Chainlink co-founder Sergey Nazarov emphasized the platform's capabilities in proof of reserves and cross-chain connectivity, which are crucial for stablecoin adoption. The legislation could further boost LINK's value as global stablecoin adoption increases.