JUST IN: Tether plans to bring USDT to the U.S. under the GENIUS Act and launch a new US-based stablecoin. 🇺🇸Billions in fresh liquidity could soon flow into Bitcoin. 🟠📈 https://t.co/Icygbs5d6s ...

🔥 BIG: $10.8T asset manager Charles Schwab is adding spot $BTC and $ETH trading.“We will have a stablecoin at some point.” https://t.co/OPFHkuxguL ...

Regulatory Landscape - The Genius Act, a "rules of the road bill" for stablecoins, has been signed into law [1] - The Clarity Act, which aims to define market structure for digital assets by distinguishing commodities from securities, is a key priority for the crypto industry [2] - The Clarity Act passed the House but needs to go through the Senate [3] - Senators Cynthia Lumis and Rick Scott are expected to release their version of the Clarity Act later this month [3] - Bipartisan support in the Senate is necessary for the Clarity Act to pass, requiring collaboration between parties to reconcile House and Senate versions [3] Industry Outlook - The crypto industry views the signing of the Genius Act as a positive step, but considers the passage of the Clarity Act as the ultimate goal [1][2] - Despite the celebratory atmosphere, the crypto industry's objectives are not yet fully achieved [4]

Talk to me a little bit about what this stable coin bill becoming law is going to mean for Coinbase. >> Yeah, well, this stable coin bill passing is really a financial revolution for America. It means that crypto can finally start updating the financial system, especially for our payments which are running on these creaky old systems that are decades old.Now, every payment in our economy can be fast and cheap and global, you know, under 1 second and 1 cent anywhere in the world. So, this is a huge milestone ...

After Trump signed the GENIUS Act, Tether said it will bring USDT to the U.S. via the foreign issuer path and launch a local stablecoin. Circle said the law affirms its compliance model. Both CEOs attended the White House signing but did not interact.https://t.co/JBgDEMUeRx ...

Regulatory Landscape - Trump signs GENIUS stablecoin bill into law [1] - JPMorgan says regulators abroad prefer tokenized bank deposits [1] Market Trends - Crypto market cap hits $4 trillion [1]

Regulatory Framework & Innovation - The Genius Act aims to establish a clear regulatory framework for dollar-backed stablecoins, potentially revolutionizing financial technology [1] - The Act seeks to upgrade the outdated financial system using state-of-the-art crypto technology [3] Dollar & Crypto Assets - The Genius Act provides a framework for banks, businesses, and financial institutions to issue crypto assets backed one-to-one with US dollars, treasury bills, and other cash equivalents [4] - This is intended to strengthen the dollar's prominence [4] System Modernization - The current financial system's technical backbone is decades out of date, leading to costly and slow payments and money transfers [2][3]

Trump signs stablecoin GENIUS Act, cementing first major crypto framework in US law https://t.co/1AcJOBHxiS ...

Trump: "The stablecoin bill is a massive validation for crypto." ...

Regulatory Landscape - The GENIUS Act aims to regulate the stablecoin market [1] - The Act seeks to create a clearer framework for banks, companies, and other entities to issue digital currencies [1] Market Size - The stablecoin market is valued at approximately $238 billion [1] Key People - President Trump held a signing ceremony for the GENIUS Act [1] Media & Events - The signing ceremony took place at the White House on Friday, July 18, 2025 [1] - CNBC provided live and exclusive video coverage of the event [1]