{"id":37766,"date":"2025-07-19T10:16:52","date_gmt":"2025-07-19T10:16:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37766"},"modified":"2025-07-19T10:16:52","modified_gmt":"2025-07-19T10:16:52","slug":"genius-act-stablecoin-bill-heads-to-trump-after-house-approval","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37766","title":{"rendered":"GENIUS Act Stablecoin Bill Heads to Trump After House Approval"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">On July 17, the U.S. House of Representatives voted 308 to 122 in favor of the GENIUS Act, a bill focused entirely on stablecoins. The legislation is now on its way to President <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> desk, potentially setting the stage for the first clear federal rules around dollar-pegged digital tokens.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Stablecoins Get the Spotlight<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The GENIUS Act <\/span><span data-preserver-spaces=\"true\">lays out<\/span><span data-preserver-spaces=\"true\"> a <\/span><span data-preserver-spaces=\"true\">simple<\/span><span data-preserver-spaces=\"true\"> rule: every stablecoin must be backed one-to-one with cash or liquid assets, <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> issuers must make those reserves <\/span><span data-preserver-spaces=\"true\">public<\/span><span data-preserver-spaces=\"true\">.<\/span> <span data-preserver-spaces=\"true\">Supporters <\/span><span data-preserver-spaces=\"true\">say<\/span><span data-preserver-spaces=\"true\"> this could help prevent another Terra-style meltdown and finally <\/span><span data-preserver-spaces=\"true\">give<\/span><span data-preserver-spaces=\"true\"> U.S. users a stablecoin they can <\/span><span data-preserver-spaces=\"true\">actually<\/span><span data-preserver-spaces=\"true\"> trust.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f973.png\" alt=\"\ud83e\udd73\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f389.png\" alt=\"\ud83c\udf89\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f973.png\" alt=\"\ud83e\udd73\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f389.png\" alt=\"\ud83c\udf89\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f973.png\" alt=\"\ud83e\udd73\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f389.png\" alt=\"\ud83c\udf89\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f973.png\" alt=\"\ud83e\udd73\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Tomorrow Friday 2:30 PM EST <\/p>\n<p>historical moment will be recorded for History<\/p>\n<p>Signing ceremony for industry leaders and lawmakers will be there to witness Trump<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f973.png\" alt=\"\ud83e\udd73\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f389.png\" alt=\"\ud83c\udf89\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> signing the Genius Act <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f389.png\" alt=\"\ud83c\udf89\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f973.png\" alt=\"\ud83e\udd73\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/IxRRl0A92y\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/IxRRl0A92y<\/a> <a href=\"https:\/\/t.co\/pjJlQXlVEO\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/pjJlQXlVEO<\/a><\/p>\n<p>\u2014 Majeed <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f1f8-1f1e6.png\" alt=\"\ud83c\uddf8\ud83c\udde6\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">KSA<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f1f8-1f1e6.png\" alt=\"\ud83c\uddf8\ud83c\udde6\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f91d.png\" alt=\"\ud83e\udd1d\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@majeed66224499) <a href=\"https:\/\/twitter.com\/majeed66224499\/status\/1945893836229677240?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The move also <\/span><span data-preserver-spaces=\"true\">answers<\/span><span data-preserver-spaces=\"true\"> mounting pressure from crypto advocates who have been <\/span><span data-preserver-spaces=\"true\">asking<\/span><span data-preserver-spaces=\"true\"> for clearer rules <\/span><span data-preserver-spaces=\"true\">around<\/span><span data-preserver-spaces=\"true\"> transparency and security.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Three Bills, One Big Push<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The stablecoin bill is part of a broader package. Alongside the GENIUS Act, the House passed the CLARITY Act and the Anti-CBDC Surveillance State Act. The CLARITY Act would give the CFTC more control over crypto markets, while the Anti-CBDC bill aims to block any digital dollar efforts by the Federal Reserve. Republicans pushed all three forward during what they <\/span><span data-preserver-spaces=\"true\">called<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">Crypto Week,<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">a stretch of coordinated legislative action aimed at rewriting the <\/span><span data-preserver-spaces=\"true\">country\u2019s<\/span><span data-preserver-spaces=\"true\"> approach to digital assets.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in July2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> Crypto Pivot<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">President Trump has been openly supportive of <\/span><span data-preserver-spaces=\"true\">crypto<\/span><span data-preserver-spaces=\"true\"> in recent months and has made it clear he wants <\/span><span data-preserver-spaces=\"true\">to see<\/span><span data-preserver-spaces=\"true\"> the U.S. take the lead.<\/span><span data-preserver-spaces=\"true\"> Signing the GENIUS Act would help him show follow-through on that message. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-btc\" data-coin-symbol=\"btc\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.35T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-687b6d4cb5def\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The contrast to the previous <\/span><span data-preserver-spaces=\"true\">administration\u2019s<\/span><span data-preserver-spaces=\"true\"> more cautious approach is hard to miss, and Trump has embraced crypto policy as a wedge issue heading into the election season.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Not Everyone <\/span><span data-preserver-spaces=\"true\">Is Sold<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Not everyone is applauding. Lawmakers like Maxine Waters and Elizabeth Warren have raised concerns about the <\/span><span data-preserver-spaces=\"true\">bill\u2019s<\/span><span data-preserver-spaces=\"true\"> lack of stronger safeguards. They also flagged potential conflicts of interest, noting that some members of the Trump family have ties to crypto firms. Industry groups, on the other hand, see the bill as a welcome signal that Washington is finally willing to engage rather than restrict.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Senate Still in Play<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The GENIUS Act has already passed the Senate, but the other two bills still need to clear that chamber. The big question now is whether Senate leaders will fast-track them or let them get bogged down. Either way, the <\/span><span data-preserver-spaces=\"true\">outcome could determine how much regulatory clarity crypto markets will <\/span><span data-preserver-spaces=\"true\">get before the next election.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What the Market Thinks<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Traders saw this coming. Bitcoin had already rallied ahead of the vote and held steady once the bill passed. Analysts say the next phase depends on what happens in the Senate. If Congress follows through and the president signs all three bills, it could open the door to new capital flowing into the space, <\/span><span data-preserver-spaces=\"true\">especially<\/span><span data-preserver-spaces=\"true\"> from institutions that have stayed on the sidelines.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Wrapping It Up<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The GENIUS Act could be the beginning of a new phase for U.S. crypto policy. It sets a precedent on stablecoins and shows that lawmakers are starting to take digital assets seriously. <\/span><span data-preserver-spaces=\"true\">But<\/span><span data-preserver-spaces=\"true\"> the real test will be what happens next, and whether the Senate and the White House can <\/span><span data-preserver-spaces=\"true\">turn<\/span><span data-preserver-spaces=\"true\"> this momentum into lasting law.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The U.S. House passed the GENIUS Act with a 308 to 122 vote, sending the first major stablecoin bill to President Trump for approval.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The GENIUS Act would require all stablecoins to be backed one-to-one by cash or liquid assets, with full public reserve disclosures.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        It is part of a wider effort that also includes the CLARITY Act and the Anti-CBDC Act, both passed during a Republican-led \u201cCrypto Week.\u201d    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump\u2019s open support for crypto adds pressure on the Senate to respond, especially with the election season in full swing.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Markets held steady after the vote, but attention has now shifted to whether the Senate will move the full package forward.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/legal\/genius-act-stablecoin-bill-heads-to-trump-after-house-approval\/\">GENIUS Act Stablecoin Bill Heads to Trump After House Approval<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On July 17, the U.S. House of Representatives voted 308 to 122 in favor of the GENIUS Act, a bill focused entirely on stablecoins. The legislation is now on its way to President Trump\u2019s desk, potentially setting the stage for the first clear federal rules around dollar-pegged digital tokens. Stablecoins Get the Spotlight The GENIUS [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37766","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37766"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37766\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}