The U.S. House has passed the GENIUS Act, America's first federal rules for stablecoins, with President Trump expected to sign it into law.

The U.S. House of Representatives' approval of the GENIUS Act is “a landmark moment for crypto and stablecoins in particular, according to analyst George Kailas.

Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.

Ripple CEO Brad Garlinghouse compares the passing of the GENIUS Act to that of the historic 2010 Dodd-Frank Act.