Trump signed a bill related to stablecoins, stating that he will not allow the dollar to decline, and that Cryptos are beneficial to the dollar.
The "Genius Act" marks the implementation stage of stablecoin regulatory legislation in the United States. The Trump administration explicitly viewed stablecoins as tools to enhance the power of the US dollar and create demand for US Treasury securities, while opposing the emergence of central bank digital currencies (CBDC) that might challenge the dollar's status.
From defense to crypto assets, Trump's policies have ignited structural investment opportunities.
From defense to energy, from digital Assets to artificial intelligence, multiple Global Sectors are gaining momentum due to Trump's radical actions and policy tendencies.
Trump signed the GENIUS Act to establish a regulatory framework for stablecoins, signaling the start of the era of payments with Cryptos.
On Friday, Trump signed the GENIUS Act, officially establishing a regulatory framework for stablecoins. This landmark legislation may pave the way for digital Assets to become everyday payment tools.
The stablecoin bill in hand is met with restless Wall Street bankers.
"The green light is on," can traditional banks also buy Bitcoin now?
SoFi Technologies Options Spot-On: On July 18th, 559.79K Contracts Were Traded, With 3.73 Million Open Interest
On July 18th ET, $SoFi Technologies(SOFI.US)$ had active options trading, with a total trading volume of 559.79K options for the day, of which put options accounted for 26.18% of the total
Express News | U.S. President Trump officially signed the GENIUS Act.