
Senator Pete Ricketts
@SenatorRicketts
The GENIUS Act is revolutionary for stablecoins. It protects consumers while promoting innovation and opportunity. It prioritizes national security and advances the U.S. dollar. Nebraska’s a major innovator in the stablecoin space and my amendment will give priority to states like ours when becoming certified.
I am very happy that President Trump has signed this legislation into law. I look forward to working with Chairman @SenatorTimScott, @SenLummis and @SenatorHagerty on a digital asset market structure bill next.

Senator Bill Hagerty
@SenatorHagerty
.@POTUS just signed my bill—the GENIUS Act—into law.
Proud to be there for this historic moment. This is the first crypto legislation ever signed into law in the United States.
A major win for American innovation, leadership, and the future.
g

2025-07-18T19:52:14.000Z
2025-07-21T15:58:33.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Ricketts shows strong support for stablecoins and the broader crypto industry with this tweet celebrating the GENIUS Act becoming law. This is fantastic for crypto. The GENIUS Act establishes a clear regulatory framework for stablecoins, which is essential for mainstream adoption. It defines who can issue stablecoins, requires 1:1 reserves, and clarifies regulatory oversight. This provides much-needed certainty for businesses and consumers alike. Ricketts' emphasis on Nebraska's innovation in the stablecoin space highlights the potential for states to lead in this emerging sector. His commitment to working on further digital asset legislation with key senators like Lummis, Hagerty, and Tim Scott signals continued progress towards a comprehensive and positive regulatory environment for crypto in the US.