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* Politics

# Trump Signs New Stablecoin Regulations into Law, a Major Milestone for Crypto Industry

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<!-- video src="https://cdn.jwplayer.com/manifests/REixwUso.m3u8" -->
## Video: Trump Signs New Stablecoin Regulations into Law, a Major Milestone for Crypto Industry

[Watch (HLS stream): Trump Signs New Stablecoin Regulations into Law, a Major Milestone for Crypto Industry](https://cdn.jwplayer.com/manifests/REixwUso.m3u8) (2:12)

![Trump Signs New Stablecoin Regulations into Law, a Major Milestone for Crypto Industry](https://cdn.jwplayer.com/v2/media/REixwUso/poster.jpg?width=720)

_Published 2025-07-18. President Donald Trump on Friday signed into law new regulations for a type of cryptocurrency, a major milestone for an industry that has spent heavily to strengthen its legitimacy and political might._


---

Jul 18, 2025 9:20 PM UTC

---

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---


## Transcript

Let me say the entire crypto community. For years you were mocked and dismissed and counted out. You were counted out as little as a year and a half ago. But this signing is a massive validation. And even before this signing, over the last year, year and a half, I think your stuff has gone up more than any stock or just about more. A couple of stocks that were pretty good, I will say. But you you have certainly, as an industry, gone up more than anybody, nobody's gained the respect in such a short period of time. But this signing is a massive validation of your hard work and your pioneering spirit and your ability to never give up, because a lot of people would have given up 2 or 3 years ago.

So I want to thank you for contributing to the incredible strength of America. This is going to make it stronger. And congratulations on this incredible achievement. You've made our dollar look really good and strong and powerful. It's good for the dollar and it's good for the country. And that's why I backed you at an early stage. And I also did it for the votes because you did come out and vote. I will tell you today's signing. We're pushing even further into the exciting new frontier. Just as I promised last year, the Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar backed stablecoins.

This could be perhaps the greatest revolution in financial technology since the birth of the internet itself. A lot of people are saying that, I don't know, what do you guys think? Yes, you. If you say yes, I'm saying yes. This is not an auto pen, by the way. Which is a big scandal. If that were a Republican, it would really be a big scandal. But it is one of the great scandals of our time. Thank you very much, everybody.

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