Trump Urges Swift Passage of GENIUS Act to Cement US Dominance in Digital Assets

President Donald TRUMP has called for immediate House action on the GENIUS Act, a bipartisan bill designed to regulate stablecoins and position the US as the global leader in digital assets. The legislation, which cleared the Senate with strong support, now awaits a House vote before reaching Trump's desk.

"Get it to my desk, ASAP — NO DELAYS, NO ADD ONS," Trump demanded in a Truth Social post, framing the bill as critical for maintaining dollar supremacy through stablecoin innovation. Treasury Secretary Scott Bessent echoed this sentiment, highlighting the potential to reinforce dollar dominance in global finance.

The push comes as Trump maintains financial ties to the crypto sector through World Liberty Financial's USD1 stablecoin. Market observers note the legislation could trigger institutional capital flows into compliant digital asset platforms, though no specific coins or exchanges were mentioned in the congressional proceedings.