Very stable GENIUS ✍️

President Trump signed America's first major piece of crypto legislation into law Friday, creating a framework for stablecoin issuance and trading.

Author

Andrew Hayward
July 19, 2025

📝 What you need to know

President Trump capped off “crypto week” Friday by signing the GENIUS Act—the much-anticipated U.S. stablecoin bill—into law.

The bill, which establishes a framework for issuing and trading stablecoins, is expected to unlock a wave of coin launches from the likes of banks, TradFi firms, and retailers, all of which have shown interest in recent months.

Trump signed the GENIUS Act at a ceremony in the White House’s East Room, flanked by crypto power players like Coinbase CEO Brian Armstrong and Tether CEO Paolo Ardoino, along with Vice President JD Vance, SEC Chair Paul Atkins, and other notable government officials.

"I pledged that we would bring back American liberty and leadership, and make the United States the crypto capital of the world," said Trump, "and that's what we've done."

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