President Donald Trump posted on Tuesday evening on Truth Social with regard to recent Senate legislation, which states that the US will “show the world how to win with digital assets like never before.” The position came after the passage of the Senate of the guidance and establishment of the National Innovation for US Stablecoins (Genius) ACT with a 68-30 votes.
“The Senate has just accepted an incredible bill that will make America the undisputed leader in digital assets,” Trump wrote on his truth of the truth. “Nobody will do better, it’s pure genius! Digital assets are the future, and our nation is going to possess it. We are talking about mass investments and great innovation.”
The president continued: “Hopefully the house will move lightning quickly and pass on a ‘clean’ genius act. Get it to my desk, as soon as possible – no delays, no add -on.”
White House Ai & Crypto Tsar David Sacks responded According to the passage of legislation, which states: “The US Senate has adopted the Genius Act -Landmark Stablecoin legislation that offers regulatory clarity, improves the protection of consumers and expands the US dollar online. Thanks to President Trump for his leadership on Crypto & Senator Hagerty.”
The administration has articulated its digital asset strategy through controversial performances and policy statements. VICE president JD Vance addressed the Bitcoin 2025 conference in Las Vegas and stated: “What we did in the Trump administration in the policy of digital assets is just the beginning. Crypto finally has a champion and an ally in the White House.”
Bo Hines, executive director of the White House, also strengthened this message on the Bitcoin conference and stated: “We are well on the way to becoming the Bitcoin consequence of the world. This is something that is not a partizaan. This is a revolution in our financial system.” Hines specifically relates to the importance of Bitcoin: “Bitcoin is really the gold standard … This is an asset that we have to use on behalf of the American people. We want as much as we can get.”
The Genius ACT would determine the first extensive federal framework for Fiat-supported Stablecoins, for which 1: 1 dollar-supported reserves, monthly disclosures, regular audits and clear federal or state licenses require.
The legislation is now moving to the house, where Trump’s public pressure for rapid passage without amendments can be decisive.