On July 17, the U.S. Dwelling of Representatives voted 308 to 122 in favor of the GENIUS Act, a bill centered totally on stablecoins. The licensed pointers is now on its reply to President Trump’s desk, doubtlessly setting the stage for the first clear federal concepts spherical dollar-pegged digital tokens.
Stablecoins Get the Spotlight
The GENIUS Act lays out a straightforward rule: every stablecoin must be backed one-to-one with cash or liquid belongings, and issuers should make these reserves public. Supporters say it should an rising number of an rising variety of additional an rising number of often often often seemingly an rising number of often often often help cease one totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally utterly utterly utterly utterly totally utterly utterly totally utterly utterly completely different Terra-style meltdown and in the long term give U.S. purchasers a stablecoin they might really notion.
Tomorrow Friday 2:30 PM EST
historic second will nearly undoubtedly be recorded for Historic earlier
Signing ceremony for commerce leaders and lawmakers will nearly undoubtedly be there to witness Trump
signing the Genius Act
https://t.co/IxRRl0A92y pic.twitter.com/pjJlQXlVEO
— Majeed
KSA
(@majeed66224499) July 17, 2025
The swap moreover alternate picks mounting stress from crypto advocates who’ve been asking for clearer concepts spherical transparency and security.
Three Funds, One Monumental Push
The stablecoin bill is part of a broader bundle deal deal. Alongside the GENIUS Act, the Dwelling handed the CLARITY Act and the Anti-CBDC Surveillance State Act. The CLARITY Act would give the CFTC additional administration over crypto markets, whereas the Anti-CBDC bill targets to dam any digital buck efforts by the Federal Reserve. Republicans pushed all three forward all by what they often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often often usually often called “Crypto Week,” a stretch of coordinated legislative movement aimed in path of rewriting the nation’s methodology to digital belongings.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025
Trump’s Crypto Pivot
President Trump has been overtly supportive of crypto in present months and has made it clear he wants to see the U.S. take the lead. Signing the GENIUS Act would help him current follow-through on that message.
The excellence to the sooner administration’s additional cautious methodology is troublesome to miss, and Trump has embraced crypto security as a wedge state of affairs heading into the election season.
Not All of us Is Purchased
Not all of us appears to be applauding. Lawmakers like Maxine Waters and Elizabeth Warren have raised components referring to the bill’s lack of stronger safeguards. Moreover they flagged potential conflicts of curiosity, noting that some members of the Trump family have ties to crypto firms. Enterprise groups, nonetheless, see the bill as a welcome signal that Washington is lastly in a position to work collectively barely than prohibit.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Senate Nonetheless in Play
The GENIUS Act has already handed the Senate, nonetheless the totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally utterly utterly utterly utterly totally utterly utterly totally utterly utterly completely different two funds nonetheless should clear that chamber. The large question now may about undoubtedly be nearly undoubtedly whether or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not Senate leaders will fast-track them or permit them to get slowed down. Each methodology, the closing end finish consequence may resolve how pretty a bit regulatory readability crypto markets will get earlier to the next election.
What the Market Thinks
Retailers seen this coming. Bitcoin had already rallied ahead of the vote and held frequent as shortly on account of the bill handed. Analysts say the next half relies upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon upon what happens all by the Senate. If Congress follows by and the president indicators all three funds, it’d open the door to new capital flowing into the world, notably from institutions which have stayed on the sidelines.
Wrapping It Up
The GENIUS Act stands out as a consequence of begin of a model new half for U.S. crypto security. It fashions a precedent on stablecoins and divulges that lawmakers are starting to take digital belongings severely. Nonetheless the true try will nearly undoubtedly be what happens subsequent, and whether or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not or not the Senate and the White Dwelling can flip this momentum into lasting regulation.
DISCOVER: 20+ Next Crypto to Explode in 2025
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
- The U.S. Dwelling handed the GENIUS Act with a 308 to 122 vote, sending the first elementary stablecoin bill to President Trump for approval.
- The GENIUS Act would require all stablecoins to be backed one-to-one by cash or liquid belongings, with full public reserve disclosures.
- It is part of a wider effort that moreover consists of the CLARITY Act and the Anti-CBDC Act, every handed all by a Republican-led “Crypto Week.”
- Trump’s open assist for crypto presents stress on the Senate to answer, notably with the election season in full swing.
- Markets held frequent after the vote, nonetheless consideration has now shifted as as as to if the Senate will swap the ultimate phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase phrase bundle deal deal forward.
The publish GENIUS Act Stablecoin Bill Heads to Trump After House Approval appeared first on 99Bitcoins.
