President Donald Trump has issued a strong message to the U.S. House of Representatives regarding the stablecoin bill.
He emphasized the need for swift action to establish America as the global leader in the digital asset market.
Trump made the statement on Truth Social yesterday, following the Senate’s passage of the GENIUS Act. In the final vote on the bill, 68 Senators across party lines voted in favor, while 30 opposed it. Following this historic step, the House will now deliberate on the GENIUS Act and schedule its final vote.
“Incredible Bill”
Notably, President Trump took to Truth Social to celebrate the milestone, describing the GENIUS Act as an “Incredible Bill.” According to him, the legislation will position the United States as the undisputed leader in the crypto market, an outcome he pledged to pursue ahead of his re-election bid in November 2024.
He aims to achieve this goal by establishing clear and fair regulations for the crypto industry, which could attract businesses to operate within the U.S. In his view, the GENIUS Act aligns perfectly with his vision of making the United States the dominant force in the global cryptocurrency space.
Trump Reiterates Commitment to Make US Undisputed Leader of Crypto
In his latest post, Trump claimed that no country can lead the crypto market better than the U.S. Therefore, he stressed the importance of passing clear regulatory frameworks, such as the GENIUS Act, and signing them into law without delay.
Trump urged the House to act quickly, calling on its members to pass the GENIUS Act without any amendments or prolonged deliberations. He reinforced his message, stating:
“Get it [the GENIUS Act] to my desk ASAP without delays, and no add-ons.”
President Trump says America will become the UNDISPUTED leader in digital assets.
"Nobody will do it better, it is pure GENIUS."
"digital assets are the future, and our nation is going to own it"
"we are going to show the world how to WIN with digital assets like never… pic.twitter.com/6GZBLUfaKY
— TheCryptoBasic (@thecryptobasic) June 19, 2025
It’s worth noting that the Senate took approximately four months to pass the GENIUS Act. During this time, the bill went through a rigorous legislative process, including several amendments and cloture votes, which delayed its advancement.
Should the House propose additional amendments, it could result in further delays, potentially stalling the bill’s passage and preventing it from becoming law on time.
Industry Stakeholders Concerned About Trump’s Message
In the meantime, pro-crypto journalist Eleanor Terrett disclosed that Trump’s message has elicited reactions from industry stakeholders.
According to her, top stakeholders have been contacting congressional members to determine how the president’s message might impact the potential passage of the crypto market structure legislation.
For the uninitiated, the market structure bill aims to establish clear cryptocurrency regulations for market participants, such as token issuers and custodians. It also seeks to clarify the roles of the CFTC and SEC, specifying how they would regulate the crypto market.
Terrett noted that the House is considering passing the market structure bill alongside the GENIUS Act before Trump’s self-imposed August deadline.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
