Bo Hines: Major Stablecoin Regulations Coming to the US—Could Happen in Just 2 Months!

Jakarta, Pintu News – Bo Hines, Executive Director of the President’s Working Group on Digital Assets, has announced that stablecoin regulation in the United States could be completed within the next two months.

In a panel discussion, Hines emphasized that this legislation is crucial to maintaining the dominance of the US dollar as the global reserve currency.

With support from various parties, including President Donald Trump, there is great hope that this legislation will be passed soon.

Legislative Process and Bipartisan Support

Recently, the US Senate Banking Committee has advanced the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS Act) bill with strong bipartisan support.

Read also: Big Victory in the Crypto Market: SEC Lawsuit against Ripple Ends, XRP is Not a Security!

The bill, which received an 18-6 majority vote, aims to provide a clear framework for the issuance and regulation of stablecoins. With this framework in place, there will hopefully be greater legal clarity for industry players and stablecoin users.

In recent weeks, momentum for stablecoin regulation has increased, especially after the first crypto summit held by the White House.

Bo Hines, who leads the advisory board’s working group on digital assets, emphasized that stablecoins are one of the top priorities on the US regulatory agenda. This shows the government’s serious commitment to regulating the scope of these digital currencies.

Stablecoins and Dominant Position in the Market

Stablecoins, which are cryptocurrencies whose value is tied to assets such as the US dollar, continue to experience increasing adoption. Tether USDT->Current USDT PriceRp 0Market Cap-Trading Volume-Circulating Supply- currently holds the largest market share, followed by Circle’s USDC USDC->Current USDC PriceRp 0Market Cap-Trading Volume-Circulating Supply-.

With clear regulations in place, there will hopefully be more trust and adoption from users as well as investors. Meanwhile, in Europe, a new regulation known as Markets in Crypto Assets has led to some exchanges delisting stablecoins that don’t meet the standards.

This shows the importance of having a clear and widely accepted framework to avoid market fragmentation and ensure global compliance.

Hope for the Future of Stablecoins

Overall, with strong support from various parties and significant legislative progress, the future of stablecoin regulation in the US looks bright.

Read also: Crypto Analyst Predicts XRP Price Potential to Explode to $20: 18 XRP ETFs Ready to Launch?

President Trump has expressed his willingness to sign legislation relating to stablecoins, showing the full support of the government. This is an important step forward to ensure that the US remains a global leader in financial technology and digital currencies.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Bo Hines Targets Stablecoin Legislation in Two Months. Accessed on March 20, 2025
• Crypto News. Bo Hines: Stablecoin Bill Could Be Signed Into Law Within Two Months. Accessed on March 20, 2025