Trump: GENIUS Act will pass tomorrow

U.S.President Donald Trump has said that the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) will pass tomorrow. According to the Walter Bloomberg economic news account on X, Trump spoke to some “holdouts” who had been opposed to the bill, convincing them to support it. Earlier, the House passed a procedural motion necessary to progress both the GENIUS Act and the Digital Asset Market Structure Act (CLARITY Act).