It’s not a meme. It’s not a drill. It’s a dream week for crypto — and the markets know it.
Just days ago, the U.S. Senate passed the historic GENIUS Act, a landmark bill to officially regulate USD-backed stablecoins. It was approved with a strong 68–30 vote, making it the most significant win for digital assets in Washington’s history.
The bill still needs to pass through the House and land on President Trump’s desk, but momentum is at full throttle. Crypto isn’t just knocking on the door of U.S. finance — it’s marching through with a red carpet rolled out by Congress.
And the markets? They just had a full-on celebration.
💹 The Winners of Crypto’s Dream Week
Circle (CRCL) — the company behind USDC, the second-largest stablecoin in the world — exploded by over 77% this week alone. That puts the stock at 7× its IPO price, less than three weeks after its debut on June 5. Investors are betting big on a regulated future for stablecoins, and Circle is in the spotlight.
Coinbase (COIN) surged more than 25% over the same period. As a major Circle partner and partial owner, Coinbase shares in USDC revenues and stands to benefit massively if stablecoin regulation opens the floodgates of institutional adoption. Coinbase’s bet on compliance and infrastructure is finally paying off.
But the biggest moonshot?
A little-known Florida-based company named SRM Entertainment (SRM). Until last week, it was a niche theme-park merchandiser. Today, it’s a crypto rocket, up 777% after announcing a reverse merger with Tron. The company will now rename itself Tron Inc., begin buying TRX tokens, and add Tron founder Justin Sun as a formal adviser. Meme? Nope. It’s real.
🏛️ Trump Steps In — Full Support from the Top
On Truth Social, President Trump applauded the GENIUS Act just 24 hours after it passed the Senate, calling it:
“An incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets.”
And it’s not just talk. The Trump family is deeply embedded in the crypto ecosystem:
Trump personally earned $57 million last year from his stake in World Liberty Financial, a DeFi project that lists him and his sons as advisers.
His media company, Trump Media & Technology Group (DJT), recently announced a $2.5 billion raise to buy and hold crypto assets, including Bitcoin.
World Liberty launched its own stablecoin, which was chosen by the UAE’s MGX sovereign wealth fund to deliver $2 billion in funding to Binance.
Changpeng Zhao (CZ), founder of Binance, is reportedly seeking a U.S. pardon.
Justin Sun — now attached to both SRM and World Liberty — also invested $75M into the Trump-linked project and attended a private dinner at Trump’s golf club.
This isn’t just regulatory alignment. It’s full-blown political capital — and it’s flowing directly into crypto.
💡 Why the GENIUS Act Actually Matters
This legislation requires stablecoin issuers to hold $1 in cash or short-term U.S. Treasurys for every $1 in stablecoins issued. That creates an immediate link between the crypto world and the U.S. debt market.
Economists predict this could fuel demand for over $1 trillion in Treasurys by 2028. The stablecoin industry — currently holding ~$200 billion in such assets — could balloon into a regulated, institutional-grade funding channel for the U.S. government.
That’s the kind of win-win that makes Wall Street pay attention.
Yat Siu, Executive Chairman of Animoca Brands, put it perfectly:
“The GENIUS Act is a watershed moment. Digital assets are no longer fringe — they’re woven into the financial fabric.”
⚠️ Not Without Critics
Some Democrats, led by Senator Elizabeth Warren, have criticized the bill for its lack of strict consumer protection clauses. She raised alarms that Big Tech and retail giants could use stablecoins to build private currencies without proper oversight.
Warren also warned about conflict of interest concerns, citing the president’s deep connections to stablecoin projects like World Liberty and USD1.
“This bill has a major loophole. It shouldn’t pass without amendments preventing these risks,” she stated on the Senate floor.
Still, the bipartisan momentum has already shifted. Most lawmakers see stablecoins as an economic opportunity rather than a threat.
✅ Bottom Line
The GENIUS Act, Trump’s endorsement, and the mega-rallies in Circle, Coinbase, and SRM have reset the entire crypto conversation. This is no longer about the next bull run — it’s about becoming the future of finance.
Crypto just had its most important week in U.S. political history.
And this time, the money, the policy, and the power are all aligned.
🟢 Repost if you believe the next market cycle won’t be driven by memes — but by regulated rails, stablecoins, and real adoption.
