Trump Pushes for Stablecoin Regulation, Calls U.S. a ‘Bitcoin Superpower’

President Donald Trump directly addressed the crypto sector for the first time, pledging to establish the United States as the “undisputed Bitcoin superpower and crypto capital of the world.”

Speaking via video at the Digital Asset Summit in New York on Thursday, Trump’s remarks marked a pivotal shift in his administration’s approach to cryptocurrency. His two minutes and forty seconds speech highlights a growing embrace of blockchain innovation and a push for regulatory clarity, particularly regarding stablecoins.

JUST IN: 🇺🇸 President Trump’s full address at the Digital Assets Summit. pic.twitter.com/jftBEY53sv

— Bitcoin Magazine (@BitcoinMagazine) March 20, 2025

Trump’s Vision: Stablecoins as America’s Financial Edge

Trump made it clear–stablecoins aren’t just another crypto trend; they’re a key tool for keeping the U.S. dollar dominant on the global stage. He framed regulatory clarity as more than a policy issue–it’s an economic and technological necessity that could unlock massive development and investment.

“With the right legal framework, institutions large and small will be liberated to invest, innovate, and take part in one of the most exciting technological revolutions in modern history,” he said.

His remarks come at a critical time, as regulators wrestle with how to oversee digital assets. A strong pro-crypto stance from the highest levels of government could provide the clarity markets crave, fueling confidence and accelerating institutional adoption.

Closing the Digital Asset Summit with a powerful statement, Trump declared, “You will unleash an explosion of economic growth, and with dollar-backed stablecoins, you will help expand the dominance of the U.S. dollar. In many, many years to come, it will be at the top, and that’s where we want to keep it.”

He doubled down: “We only want to keep it at the top.”

Trump sees crypto’s energy and innovation as a reflection of America’s pioneering spirit. To him, the industry’s builders are modern-day trailblazers, pushing financial innovation forward and shaping the future of money.

Trump’s Backing Signals A Shift Toward Pro-Crypto Policies

The president’s support for crypto comes at a pivotal moment. Just last week, the Senate took a major step forward by advancing the GENIUS Act—a bipartisan bill designed to set clear rules for stablecoin issuers, including reserve requirements, transparency, and licensing. Led by Senator Bill Hagerty (R-TN), the bill is expected to face a full Senate vote next month.

“I’ve called on Congress to pass landmark legislation creating simple, common-sense rules for stablecoins and market structure,” Trump said, stressing that regulatory clarity is key to unlocking investment and innovation.

For years, regulatory uncertainty has kept major institutions on the sidelines of the U.S. crypto market. Now, with both Congress and the White House signaling support, the landscape could be shifting toward clearer, more crypto-friendly policies.

🔥NEW: President Trump has signed an executive order to make America the leader in Crypto, starting by creating an internal working group to champion it all!

“They might not like it, but we gotta make a lot of money for the country.” pic.twitter.com/b7J08Is0hG

— Coinwaft (@coinwaft) January 26, 2025

Trump’s remarks suggest that digital assets are no longer an afterthought in Washington—they’re becoming a serious part of the country’s financial future.