Trump posts on his social media app that he has secured the necessary votes.
The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) is a bipartisan 2025 bill that would create the first federal regulatory framework for U.S.-dollar–pegged stablecoins—mandating strict reserve backing, regular audits, and clear oversight to protect consumers and stabilize the digital asset market
This article was written by Eamonn Sheridan at investinglive.com.
