StableCoin

A pivotal moment for the U.S. cryptocurrency sector is drawing near. According to sources on Capitol Hill, Republicans in the House of Representatives are preparing to present President Trump with two landmark bills — the GENIUS Act and the CLARITY Act — as early as the week of July 7. Both proposals aim to reshape the legal landscape for digital assets in the U.S.
🔹 The GENIUS Act, which has already passed the Senate with strong bipartisan support, focuses on establishing a legal framework for U.S. dollar–pegged stablecoins.

🔹 The CLARITY Act seeks to define who should regulate the crypto market — the SEC or the CFTC.

Trump Backs Crypto — Bills Gain Political Momentum
Donald Trump has expressed strong support for both pieces of legislation. His team signaled swift action, and the president himself posted the phrase “LIGHTNING FAST” on X. Everything now points to a streamlined vote that could merge both bills into one procedure — truly a two-for-one deal.
The GENIUS Act aims to give private issuers of stablecoins a secure legal foundation, potentially making the U.S. a global hub for digital currency innovation. CLARITY is intended to bring order to the currently fragmented oversight of crypto assets.

David Sacks and Crypto Leaders Push for Progress
Prominent investor and Trump ally David Sacks wrote on X:
“July will be a huge month — GENIUS and CLARITY bills are coming through!”

He also thanked Senators Tim Scott and Cynthia Lummis for outlining a clear timeline to push the legislation forward, with a goal of final approval before the August recess.

$250 Million in Industry Support Adds Pressure
The legislative push is backed not only by ideology but by money — the crypto industry has poured over $250 million into the 2024 election cycle. Industry leaders expect clear, consistent rules. Committee chairs like French Hill are now negotiating how to fast-track both proposals.
Meanwhile, the White House Digital Assets Council, led by Bo Hines, has emphasized that the U.S. should once again be a welcoming home for innovation — a stark contrast to the crackdown of "Operation Chokepoint 2.0" just one year ago.

Market Response: Bitcoin Climbs, Stablecoins Surge
Crypto markets are responding with cautious optimism. Bitcoin remains above $107,000, the total crypto market cap is around $3.28 trillion, and daily trading volume exceeds $100 billion.
Stablecoins are also in a bullish trend:

🔹 USDT (Tether) leads with a market cap of $157.5 billion

🔹 USDC (by Circle) follows with $61.6 billion
Total stablecoin capitalization has surpassed $260 billion.

#crypto , #Regulation , #stablecoin , #USDC , #USDT

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“