🇺🇸 BREAKING: House Drops Stablecoin Bill to Back Trump’s Senate Pick 💥
The U.S. House is scrapping its own stablecoin proposal to fast-track the Senate’s GENIUS Act — and Trump wants it on his desk ASAP.
🧠 What’s the Buzz?
• GENIUS Act would be the first real U.S. law regulating stablecoins like $USDC & $USDT
• House ditches STABLE Act — a big win for the crypto industry
• 🔜 Next in line: The Clarity Act, defining crypto market rules nationwide
• Lawmakers call it #CryptoWeek — Ripple CEO & others will testify next week
👀 Why It Matters:
• GENIUS Act already passed the Senate (68–30)
• If Clarity passes too, it could ignite a full U.S. crypto boom 🚀
• But critics like Sen. Warren are sounding alarms on Trump’s Web3 ties 🕵️♀️
🔥 Momentum’s building fast — real regulation could finally be here.
💬 Hot Take: Will Trump’s crypto agenda reshape the U.S. market?
Drop your thoughts 👇
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