he House passes the bill, “it should land on my desk without hesitation.”
His remarks created ripples throughout the crypto world, sparking major gains in the stocks of digital finance giants Circle and Coinbase.
📘 What Is the GENIUS Act?
The Guaranteed Essential National Infrastructure for U.S. Stablecoins (GENIUS) Act represents a landmark effort to bring structure, clarity, and oversight to the issuance and governance of stablecoins in America. Focused on security, transparency, and boosting U.S. competitiveness—especially for tokens like USDC—the bill recently cleared the Senate and now awaits action in the House.
Trump’s vocal support is seen as a move to fast-track the legislation.
💬 Trump: “Digital Assets Are the Future—And America Will Lead”
Posting to his Truth Social account, Trump emphasized the transformative potential of crypto:
“This legislation will secure America’s leadership in digital finance. No one else is positioned like we are. Digital assets represent the future, and we must act now to claim our place. I want this bill passed swiftly—no delays, no amendments. It belongs on my desk without pause.”
This is perhaps the clearest indication yet that Trump views digital currency not just as a financial tool, but as a national priority—on par with technological innovation and economic influence.
📈 Crypto Markets React: Circle and Coinbase Skyrocket
Following Trump’s comments, shares of Circle, which recently became publicly traded, surged to $200—an astonishing leap from its pre-IPO valuation of just $31. Meanwhile, Coinbase, closely linked to USDC’s circulation, also saw a nearly 20% spike in its share price.
Market analysts have attributed the rally to increased investor confidence in the likelihood of regulatory clarity and federal backing under Trump’s leadership.
🌍 Crypto Policy Takes the Spotlight Despite Global Tensions