By implementing the GENIUS Act, the Trump Administration paves the way to faster payments, more innovation, and stronger demand for U.S. Treasuries.
Sound implementation of my legislation is critical to securing American leadership in digital asset innovation.

Treasury Secretary Scott Bessent
@SecScottBessent
The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as President Abraham Lincoln’s National Currency Act of 1863 established a national framework for bank-issued currency, the GENIUS Act establishes a federal framework for payment stablecoins in the digital age.
The @USOCC's final rule carries that landmark legislation forward, providing a clear, practical foundation for private-sector innovation, competition, and American leadership in digital assets.
Very Pro-CryptoAdd commentary on this stance
Commentary on Stance
Analyzing a recent update from Senator Bill Hagerty of Tennessee, whose flawless 100 out of 100 pro-crypto score is once again on full display as his landmark legislation reaches a critical milestone.
Yesterday, Senator Hagerty celebrated the Office of the Comptroller of the Currency issuing its final rule to implement the GENIUS Act. For context, Senator Hagerty authored the GENIUS Act to establish a comprehensive federal regulatory framework for payment stablecoins, which was successfully signed into law last year.
This development is a textbook example of true enabling regulatory clarity—the absolute gold standard for pro-crypto policy. We constantly warn about politicians who use phrases like "rules of the road" as a Trojan horse for surveillance-heavy compliance mandates, arbitrary enforcement, or punitive restrictions. However, the GENIUS Act does the exact opposite. As noted by administration officials, this framework provides a clear, practical foundation for private-sector stablecoin innovation to thrive legally and competitively in the United States.
Senator Hagerty also highlights a crucial macroeconomic reality in this statement: dollar-backed stablecoins create stronger global demand for U.S. Treasuries. While anti-crypto skeptics falsely claim digital assets threaten the national currency, visionary lawmakers understand that stablecoins actually cement American financial hegemony by putting digital dollars on permissionless, public blockchains. Furthermore, fostering a robust private-sector stablecoin market is a massive net positive for humanity that completely neutralizes the justification for a state-controlled, privacy-destroying Central Bank Digital Currency.
By actively monitoring the executive branch to ensure the sound implementation of his legislation, Senator Hagerty proves that true advocacy does not end when a bill passes. He is methodically securing the permanent, pro-innovation legal architecture required to make the United States the undisputed capital of the digital asset economy.
















