The legislation, which would establish a federal framework for the issuance and trading of stablecoins, was described by Trump as "incredible" and a path to making "America the UNDISPUTED Leader in Digital Assets."
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Trump Pushes House to Pass GENIUS Act as Lawmakers Debate Crypto Oversight
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President Donald Trump described the GENIUS Act as “incredible” and “pure GENIUS” on Truth Social
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GENIUS Act establishes a federal framework for issuing and trading dollar-pegged stablecoins in the United States
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President Donald Trump hailed the GENIUS Act as America’s path to becoming the “undisputed leader in digital assets
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