• Trump urged fast action on the GENIUS Act.

• The Senate passed the bill with bipartisan support.

• Trump demanded no delays or unnecessary amendments included.

• The bill targets regulation for dollar-pegged stablecoins.

• Issuers must undergo audits if exceeding $50 billion.

• It mandates full backing with U.S. dollar assets.

• Foreign-issued stablecoins also face strict regulatory guidelines.

• Trump believes this will boost national crypto leadership.

• The House will now review the GENIUS proposal.

• Trump emphasized urgency via his Truth Social post.

• The bill accelerates innovation in digital asset infrastructure.

• Lawmakers debated the bill through several committee rounds.

• GENIUS Act may compete with the STABLE Act.

• The STABLE Act remains pending a full House vote.

• The GENIUS Act supports growth and customer protection.

• Hagerty praised the bill’s pro-growth stablecoin framework.

• Trump administration prioritizes legal clarity for cryptocurrencies nationwide.

• Treasury projects stablecoins reaching $3.7 trillion valuation.

• The Senate passed the bill by 68-30 margin.

• Coinbase applauded bipartisan support for stablecoin regulation progress.

#GENIUSActPass #CryptoStocks