Ripple’s Top Lawyer Slams Senator Warren Over Stablecoin Bill Showdown

Ripple’s chief legal officer, Stuart Alderoty, has directly aimed at Senator Elizabeth Warren over her opposition to the GENIUS Act, a proposed stablecoin regulation bill. His comments come amid a heated political battle in Washington that could decide the future of crypto-related legislation.

Alderoty accused Warren of leading an “all-consuming war on crypto” by asserting that her initiatives could obstruct the protection measures for stablecoin users. According to him, the GENIUS Act establishes predictable guidelines and robust security measures to protect traditional monetary-based digital assets.

Also Read: Expert Advises Investors to Avoid Trading These 2 Cryptocurrencies This Week

Warren opposes the bill because she believes it would open doors to financial scams and corruption in the system. Warren believes that allowing stablecoins to connect deeper with banks through regulation will produce additional risks that surpass existing safeguards.

Liz @SenWarren’s war on crypto is so all-consuming, she’ll block bipartisan stablecoin legislation designed to protect consumers—just to take a cheap political shot. https://t.co/2LquWxXuOa

— Stuart Alderoty (@s_alderoty) May 4, 2025

She maintained this opposition piece, initially expressed in August 2022, when she resisted progress toward a stablecoin regulatory framework because it would increase financial risks. From her position as a top progressive Democratic Party member, Warren maintains efforts to strengthen crypto industry oversight.

Democratic Support Wavers as Crypto Bill Faces Tight Senate Battle

Tensions rise as the Senate edges closer to a vote on the GENIUS Act. Republican lawmakers are pushing for a vote before Memorial Day, but the bill’s fate now hangs in the balance. Several Democrats who had previously supported it are showing signs of hesitation under pressure from anti-crypto party members.

Senate Minority Leader Chuck Schumer proposed criticism of the primary stablecoin Tether, strengthening the developing resistance against cryptocurrency operations. Various proposals submitted by Warren and her coalition of senators have previously failed, though Senate members remain divided about digital asset management.

When the GENIUS Act first came before Congress, it received the hoped-for bipartisan endorsement. However, rising political tensions currently block the bill from securing enough support to pass a filibuster. The approaching deadline raises questions about political parties finding a shared agreement.

Conclusion

Alderoty’s public clash with Senator Warren marks a critical moment in the battle over stablecoin regulation. With opinions hardening on both sides, the GENIUS Act’s future remains uncertain.

Also Read: Crypto Shake-Up: Turbo Soars as Bitcoin, XRP, and ADA Drop Sharply

The post Ripple’s Top Lawyer Slams Senator Warren Over Stablecoin Bill Showdown appeared first on 36Crypto.