On July 17, the Chamber of Representatives of the United States voted from 308 to 122 in favor of the Genius Act, a bill focused entirely on Stablecoins. The legislation is now on the road to the president Trump’s Desk, potentially preparing the phases for the first federal rules clear around digital tokens with combs in dollars.
Stablecoins gets the spotlight
The genius act is established A simple Rule: each Stablecoin must be supported one by one with money or liquid activities, AND The broadcasters must make those reserves public. Supporters Say This could help prevent another earth -style collapse and finally Give Use used a stablecoin can Actually Trust.
Tomorrow Friday 14:30 Est
The historical moment will be recorded for history
The signature ceremony for the leader of the sector and legislators will be there to attend Trump
Sign the genius act
https://t.co/ixrrl0a92y pic.twitter.com/pjjlqxlveo
– Majeed
KSA
(@Majeed66224499) July 17, 2025
Also the move Answers growing pressure by the supporters of the cryptocurrencies that have been ask For clearer rules around transparency and safety.
Three invoices, a great push
The Stablecoin bill is part of a wider package. Next to the Genius Act, the Chamber has passed the law on clarity and the state law of anti-Cbdc surveillance. The Clarity Act would give the CFTC greater control over cryptocurrency markets, while the Anti-Cbdc invoice aims to block any efforts in digital dollars by the Federal Reserve. The Republicans pushed all three onwards during what they called “Crypto Week,” a stretch of coordinated legislative action aimed at rewriting the village Approach to digital resources.
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Trump’s Crypto Pivot
President Trump supported openly crypto In recent months and has clarified that he wants to be seen The United States take command. Sign the genius act would help him show the follow-through on that message.
The contrast with the previous one administration It is difficult to lose a more cautious approach and Trump has embraced cryptographic policy as a Cuneo problem that heads for the electoral season.
Not all Is sold
Not everyone is applauding. Legislators such as Maxine Waters and Elizabeth Warren have raised concerns about invoices Lack of stronger guarantees. They have also reported potential conflicts of interest, observing that some members of the Trump family have ties with cryptocurrencies. The groups in the sector, on the other hand, see the bill as a welcome signal that Washington is finally willing to commit himself rather than limiting.
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The Senate is still at stake
The Genius Act has already passed the Senate, but the other two invoices have yet to free that room. The big question is now whether the leaders of the Senate will accelerate them or make them get bogged down. Anyway, the The result could determine the amount of cryptographic markets of regulatory clarity Get before the next elections.
What the market thinks
The traders saw this coming. Bitcoin had already gathered before the vote and kept stable once the bill had been approved. Analysts say that the next phase depends on what happens in the Senate. If the congress follows and the president signs all three bills, he could open the door to new capital that flows into space, particularly from the institutions that remained on the sidelines.
Wrapping it
The genius act could be the beginning of a new phase for the encryption policy of the United States. It establishes a precedent on Stablecoins and shows that legislators are starting to take digital resources seriously. But The real test will be what will happen later and if the Senate and the White House can tour This momentum in lasting law.
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The United States Chamber approved the Genius Act with a vote from 308 to 122, sending the first great Stablecoin bill to President Trump for approval.
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The genius act would require that all Stablecoins are supported by one by one in cash or liquid activities, with complete information of public reserve.
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It is part of a wider effort that also includes the Clarity Act and the Anti-Cbdc, both approved during a “cryptocurrency week” led by the Republicans.
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Trump’s open support for Crypto adds pressure to the Senate to respond, in particular with the electoral season in full swing.
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The markets were still after the vote, but the attention has now shifted to the fact that the Senate will carry on the complete package.
The Bill Bill Post Genius Act heads to Trump after the approval of the Chamber appeared first out of 99 bitcoins.