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Trump Set to Sign GENIUS Act, Ushering in Landmark U.S. Stablecoin Regulation

18.07.2025 20:55 1 min. read Kosta Gushterov
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Trump Set to Sign GENIUS Act, Ushering in Landmark U.S. Stablecoin Regulation

The United States is poised to introduce its most sweeping cryptocurrency legislation to date, as President Donald Trump prepares to sign the GENIUS Act—a groundbreaking bill aimed at regulating the rapidly expanding stablecoin market.

Formally titled the Guiding and Establishing National Innovation for US Stablecoins Act, the GENIUS Act lays out a clear framework for dollar-pegged digital assets. Under the law, stablecoin issuers will be required to:

  • Fully back their tokens with low-risk, dollar-based reserves
  • Register with either state or federal regulators
  • Implement robust anti-money laundering (AML) controls

Bo Hines, head of the White House’s digital assets advisory council, called the legislation a “historic step” in reinforcing the U.S. dollar’s supremacy and strengthening the country’s lead in digital finance. The move aligns with President Trump’s broader agenda to establish the United States as a global crypto policy leader.

The bill sailed through both chambers of Congress with bipartisan backing after Trump urged lawmakers to pass it without revisions. Treasury Secretary Scott Bessent projected that the act could catalyze the stablecoin market’s growth to over $2 trillion, a tenfold leap from today’s $195 billion valuation.

Once signed, the GENIUS Act will mark a major milestone in U.S. financial innovation—advancing Trump’s pledge to make America the capital of digital finance.

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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