#CryptoStocks Trump Endorses GENIUS Act, Signaling a New Era for U.S. Crypto Policy.
Washington, D.C. – June 18, 2025
President Donald Trump has officially thrown his support behind the GENIUS Act, a groundbreaking bill that would establish a regulatory framework for stablecoins in the United States. His forceful endorsement, delivered Tuesday evening on Truth Social, has injected fresh momentum into the crypto market—sending shares of major digital asset firms like Circle and Coinbase sharply higher.
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📜 What is the GENIUS Act?
The GENIUS Act (Guaranteed Essential National Infrastructure for U.S. Stablecoins) is a first-of-its-kind legislative effort aimed at:
Ensuring security and transparency in the stablecoin sector
Introducing clear federal oversight mechanisms
Enhancing U.S. competitiveness in global crypto innovation
The bill has already cleared the Senate and is now being reviewed in the House of Representatives.
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🇺🇸 Trump’s Push for Immediate Passage
On Truth Social, President Trump posted:
> “The Senate passed the law that will make America invincible in digital assets. No one can do this better than us. Digital assets are the future, and our nation will own these assets… I want this bill on my desk without delay or amendments. We will show the world how successful we are in digital innovation.”
Trump’s message has been interpreted as a clear commitment to positioning the U.S. as a global leader in blockchain and stablecoin development, potentially outpacing rivals like China and the European Union.
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📈 Market Reaction: Circle and Coinbase Rally
Trump’s backing of the GENIUS Act has triggered major stock moves:
Circle, which went public on June 5, skyrocketed to $200 per share, up from its $31 pre-IPO valuation—a record-setting surge linked to newfound regulatory confidence around USDC, its flagship stablecoin.
Coinbase, Circle’s partner in managing USDC reserves, also posted a 20% jump in share price the same day.
Analysts see this as a signal of growing institutional trust in stablecoins—and validation
