Trump Urges Swift Passage of Stablecoin Legislation

Former President Donald Trump has voiced strong support for the stablecoin bill, calling it “genius”. He urged Congress to expedite its approval and present it to him for signature. Trump believes this legislation is a pivotal step toward fostering financial innovation and maintaining American leadership in the fintech sector. He also emphasized the importance of a clear regulatory framework for stablecoins to protect investors and stimulate economic growth. He added that this initiative will make the United States more attractive to startups and innovators in the digital currency sector, thereby enhancing its position as a global hub for financial innovation.