U.S. House Shifts Focus to Senate’s Stablecoin Bill, Potentially Delivering Trump a Crypto Win

The U.S. House of Representatives is poised to vote on the Senate's stablecoin bill next week, potentially marking a significant legislative victory for the cryptocurrency sector. The GENIUS Act, which aims to regulate stablecoin issuers, could reach President Trump's desk without reconciliation with the House's STABLE Act, signaling a strategic pivot to align with White House priorities.

This move comes amid "Crypto Week," a concentrated push by lawmakers to advance digital asset legislation. The Senate's recent momentum, including passage of its stablecoin bill, has overshadowed the House's parallel efforts. Wednesday's Senate hearing on the Digital Asset Market Clarity Act will further spotlight federal crypto regulation efforts.

If enacted, the GENIUS Act WOULD become the first major U.S. law specifically governing cryptocurrency, fulfilling part of Trump's stated goal to establish clear crypto regulations this summer. The decision to prioritize the Senate's version reflects both political calculus and growing institutional recognition of digital assets' importance in financial markets.