In March 2025, the Trump administration signed this bill, incorporating 200,000 bitcoins (6% of the circulating supply) seized through judicial processes into the national strategic reserves and permanently banning their sale. This move, through a 'national-level lockup', reduces market supply and strengthens bitcoin's 'digital gold' attribute. The bill also allows for 'zero-cost accumulation' of bitcoin through judicial procedures to avoid fiscal disputes. This action may prompt major global economies to follow suit, driving a reevaluation of bitcoin's value.
2. **Stablecoin Regulatory Bill**
- **The Payment Stablecoin Act** and **The GENIUS Act** require stablecoin issuers to maintain 100% USD reserves, prohibit algorithmic stablecoins, and establish a dual federal and state regulatory framework that mandates access to real-time audit systems. There is high bipartisan support (70% probability of passage), but it faces skepticism from Democratic lawmakers regarding the strength of anti-money laundering measures.
- The Treasury framework emphasizes reserve transparency, as USDC holds a 68% share of the global crypto payment market due to its high compliance rate.