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#CryptoObservers
Donald Trump called for the immediate approval of the GENIUS Act stablecoin bill by the House of Representatives and for the document to be sent to him for signature.
The US President said that the GENIUS Act will make the US an independent leader in the field of digital assets, after which the country will show the world how to benefit from innovation.
After the Senate approved the document, investors were also encouraged. Shares of USDC issuer Circle rose by 40%, breaking the $200 threshold.