Trump Urges Swift Passage of GENIUS Act to Cement U.S. Stablecoin Leadership

Former President Donald TRUMP has called on the House of Representatives to approve the GENIUS Act without amendments, following its bipartisan Senate passage. The legislation aims to establish clear regulatory frameworks for stablecoin issuers, positioning the U.S. as a global leader in digital asset innovation.

Trump emphasized the urgency in a Truth Social post, demanding a 'clean' bill reach his desk promptly. The GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) now faces potential hurdles if the House attempts to merge it with the competing STABLE Act, which could delay enactment.

Market observers note the legislation could catalyze institutional adoption of dollar-pegged cryptocurrencies, though no specific coins or exchanges are directly referenced in the current political discourse.