The U.S. House is backing away from its own stablecoin bill to support the Senate's GENIUS Act — and yep, $TRUMP wants it on his desk ASAP. 💼💥
👀 This marks a MAJOR moment for crypto: If passed, it’ll be the first real law regulating stablecoins like $USDC and $USDT in the U.S.
🧠 The move sidelines the House’s STABLE Act in favor of fast-tracking GENIUS — a win for industry players who’ve waited years for real regs.
But that’s just half of Trump's summer crypto plan...
🔜 Up next? The Clarity Act — legislation to define how crypto markets work across the U.S. 🇺🇸
📣 Lawmakers dubbed next week #CryptoWeek, with Ripple’s CEO Brad Garlinghouse and others testifying at the Senate. The bill’s already cleared committees in the House — a full vote could send it to the Senate fast.
👎 Of course, not everyone's thrilled. Sen. Elizabeth Warren and other Dems worry Trump’s “crypto ties” are shady, and some are calling for bans on officials with #Web3 links. 🕵️♀️
✅ Still, momentum’s 🔥 hot. The GENIUS Act passed 68-30 in the Senate. Could Clarity be next?
🎯 If both bills pass, it could kickstart a U.S. crypto boom and real rules for devs, traders, and consumers.
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Agree or nah? Will Trump’s crypto playbook reshape the U.S. market? Drop your hot take below! 👇
#CryptoWeek #BinanceSquare #TrumpCrypto #Stablecoins #ClarityAct #GENIUSAct #Web3 #CryptoNews