Editor's PiCK
Trump: “The Stablecoin Bill Is Legislation That Will Make the United States a Leader in Virtual Assets”
Summary
- President Donald Trump expressed confidence that the recently passed stablecoin bill in the Senate will make the United States a leader in the virtual asset sector.
- President Trump emphasized that the bill is a 'truly genius idea' and will strengthen the United States' status as the frontrunner in the digital asset competition.
- Currently, the U.S. stablecoin bill has passed the Senate and is awaiting a vote in the House of Representatives, making the final outcome of the bill a point of interest for investors.
President Donald Trump of the United States expressed confidence that the stablecoin bill (GENIUS Act), which recently passed the Senate, will allow the United States to re-emerge as a leader in the virtual asset (cryptocurrency) sector.
According to Watcher Guru on the 19th (local time), Trump stated, “The Senate has passed an amazing bill that will clearly make the United States the frontrunner in the virtual asset field,” and added, “There will be no country that can do better than this. (This bill is) truly a genius idea.”
Trump also proclaimed, “I will show the world how to win with digital assets in a way never seen before.”
Trump further urged the House of Representatives to process the bill swiftly. According to Eleanor Terrett, host of Crypto in America, President Trump emphasized, “I want the bill brought to my desk as soon as possible. There should be no delay and no extra clauses.”
Meanwhile, the U.S. stablecoin bill passed the final Senate vote on the 18th with 68 in favor and 30 opposed, and is now awaiting a vote in the House of Representatives.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
