{"id":82149,"date":"2025-07-19T06:56:44","date_gmt":"2025-07-19T06:56:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=82149"},"modified":"2025-07-19T06:56:44","modified_gmt":"2025-07-19T06:56:44","slug":"genius-act-stablecoin-bill-heads-to-trump-after-house-approval","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=82149","title":{"rendered":"GENIUS Act Stablecoin Bill Heads to Trump After House Approval"},"content":{"rendered":"

On July 17, the U.S. House of Representatives voted 308 to 122 in favor of the GENIUS Act, a bill focused entirely on stablecoins. The legislation is now on its way to President <\/span>Trump\u2019s<\/span> desk, potentially setting the stage for the first clear federal rules around dollar-pegged digital tokens.<\/span><\/p>\n

Stablecoins Get the Spotlight<\/span><\/h2>\n

The GENIUS Act <\/span>lays out<\/span> a <\/span>simple<\/span> rule: every stablecoin must be backed one-to-one with cash or liquid assets, <\/span>and<\/span> issuers must make those reserves <\/span>public<\/span>.<\/span> Supporters <\/span>say<\/span> this could help prevent another Terra-style meltdown and finally <\/span>give<\/span> U.S. users a stablecoin they can <\/span>actually<\/span> trust.<\/span><\/p>\n\n

Tomorrow Friday 2:30 PM EST <\/p>\n

historical moment will be recorded for History<\/p>\n

Signing ceremony for industry leaders and lawmakers will be there to witness Trump<\/p>\n

signing the Genius Act https:\/\/t.co\/IxRRl0A92y<\/a> pic.twitter.com\/pjJlQXlVEO<\/a><\/p>\n

\u2014 Majeed KSA (@majeed66224499) July 17, 2025<\/a><\/p>\n\n

The move also <\/span>answers<\/span> mounting pressure from crypto advocates who have been <\/span>asking<\/span> for clearer rules <\/span>around<\/span> transparency and security.<\/span><\/p>\n

Three Bills, One Big Push<\/span><\/h2>\n

The stablecoin bill is part of a broader package. Alongside the GENIUS Act, the House passed the CLARITY Act and the Anti-CBDC Surveillance State Act. The CLARITY Act would give the CFTC more control over crypto markets, while the Anti-CBDC bill aims to block any digital dollar efforts by the Federal Reserve. Republicans pushed all three forward during what they <\/span>called<\/span> \u201c<\/span>Crypto Week,<\/span>\u201d <\/span>a stretch of coordinated legislative action aimed at rewriting the <\/span>country\u2019s<\/span> approach to digital assets.<\/span><\/p>\n

DISCOVER: <\/span>9+ Best High-Risk, High-Reward Crypto to Buy in July2025<\/span><\/a><\/strong><\/p>\n

Trump\u2019s<\/span> Crypto Pivot<\/span><\/h2>\n

President Trump has been openly supportive of <\/span>crypto<\/span> in recent months and has made it clear he wants <\/span>to see<\/span> the U.S. take the lead.<\/span> Signing the GENIUS Act would help him show follow-through on that message. <\/span><\/p>\n

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The contrast to the previous <\/span>administration\u2019s<\/span> more cautious approach is hard to miss, and Trump has embraced crypto policy as a wedge issue heading into the election season.<\/span><\/p>\n

Not Everyone <\/span>Is Sold<\/span><\/h2>\n

Not everyone is applauding. Lawmakers like Maxine Waters and Elizabeth Warren have raised concerns about the <\/span>bill\u2019s<\/span> lack of stronger safeguards. They also flagged potential conflicts of interest, noting that some members of the Trump family have ties to crypto firms. Industry groups, on the other hand, see the bill as a welcome signal that Washington is finally willing to engage rather than restrict.<\/span><\/p>\n

DISCOVER: <\/span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n

Senate Still in Play<\/span><\/h2>\n

The GENIUS Act has already passed the Senate, but the other two bills still need to clear that chamber. The big question now is whether Senate leaders will fast-track them or let them get bogged down. Either way, the <\/span>outcome could determine how much regulatory clarity crypto markets will <\/span>get before the next election.<\/span><\/p>\n

What the Market Thinks<\/span><\/h2>\n

Traders saw this coming. Bitcoin had already rallied ahead of the vote and held steady once the bill passed. Analysts say the next phase depends on what happens in the Senate. If Congress follows through and the president signs all three bills, it could open the door to new capital flowing into the space, <\/span>especially<\/span> from institutions that have stayed on the sidelines.<\/span><\/p>\n

Wrapping It Up<\/span><\/h2>\n

The GENIUS Act could be the beginning of a new phase for U.S. crypto policy. It sets a precedent on stablecoins and shows that lawmakers are starting to take digital assets seriously. <\/span>But<\/span> the real test will be what happens next, and whether the Senate and the White House can <\/span>turn<\/span> this momentum into lasting law.<\/span><\/p>\n

DISCOVER:\u00a0<\/span>20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n

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Key Takeaways<\/h2>\n

The U.S. House passed the GENIUS Act with a 308 to 122 vote, sending the first major stablecoin bill to President Trump for approval. <\/p>\n

The GENIUS Act would require all stablecoins to be backed one-to-one by cash or liquid assets, with full public reserve disclosures. <\/p>\n

It is part of a wider effort that also includes the CLARITY Act and the Anti-CBDC Act, both passed during a Republican-led \u201cCrypto Week.\u201d <\/p>\n

Trump\u2019s open support for crypto adds pressure on the Senate to respond, especially with the election season in full swing. <\/p>\n

Markets held steady after the vote, but attention has now shifted to whether the Senate will move the full package forward. <\/p><\/div>\n

The post GENIUS Act Stablecoin Bill Heads to Trump After House Approval<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

On July 17, the U.S. House of Representatives voted 308 to 122 in favor of the GENIUS Act, a bill focused entirely on stablecoins. The legislation is now on its way to President Trump\u2019s desk, potentially setting the stage for the first clear federal rules around dollar-pegged digital tokens. Stablecoins Get the Spotlight The GENIUS […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82149","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82149"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82149"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82149\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}