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Guiding and Establishing National Innovation for U.S. Stablecoins Act

Floor Speech

Date: July 17, 2025
Location: Washington, DC

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Mr. CARTER of Georgia. Mr. Speaker, I rise today to voice my support for S. 1582, the GENIUS Act of 2025, which will provide a clear regulatory framework for the issuance of stablecoins in the U.S.

This bipartisan, industry-supported bill will finally give the stablecoin asset class clear rules of the road for the issuance and use of digital assets. The GENIUS Act will establish standards so that issuers are credible and stablecoins are quality assets in a rapidly innovating digital market.

I thank the Senate for passing this bill and getting it to the House so quickly. I encourage all of my colleagues to vote in support of the GENIUS Act. It is a vital step in keeping America at the pinnacle of financial innovation.

Mr. Speaker, let's make the U.S. the crypto capital of the world.

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