President Donald Trump signed the GENIUS Act into law in July 2025, establishing federal rules for dollar-pegged stablecoins

From the articleTether paid millions to Bo Hines' firm while he worked at the White HouseAlso in He Crafted a Crypto Law for Trump—as His Company Got Millions From a Crypto Giant, WSJ Report Says Tether Paid $6 Million To Bo Hines-Linked Firm During GENIUS Act Push