Clear rules for stablecoins and the road ahead At the White House today, the first piece of U.S. crypto legislation will be signed into law: the GENIUS Act. It provides clear rules for stablecoins. This is a historic moment — not just for crypto, but for the world at large. That’s because stablecoins give us something we’ve never really had before: open money infrastructure. Stablecoins are a better form of money: faster, cheaper, and more global. They cut fees and eliminate intermediaries. They are auditable and programmable. They allow developers to build new kinds of apps that weren’t possible before: low-to-no cost remittances, programmatic micropayments, AI-native transactions, transparent and disintermediated global commerce, and more. Stablecoins give the world access to the dollar, they spread financial freedom, and they ensure that the next generation of financial infrastructure is built on U.S. standards. For too long, innovators in crypto have operated under legal uncertainty. That uncertainty has stifled progress, driven builders offshore, and created a fragmented internet. The GENIUS Act reverses this: it creates clarity for stablecoins and sets us on a path toward broader crypto market structure reforms. This is how the internet moves forward: through clear rule-making. With the GENIUS Act, stablecoins have clear rules, paving the way for better payments, financial products, and an overhaul of the global financial system. Next, we need the same for the rest of the crypto market. The Senate can do this by passing the CLARITY Act, which provides clear rules of the road for the broader crypto industry, opening a path for innovators while also protecting consumers from scams and bad actors. We believe that the U.S. can lead the next era of the internet — the read-write-own era — by enabling open, user-owned protocols instead of the closed, corporate platforms that defined the last one. This legislation lays the foundation for that future. It's the beginning of a new chapter.

The House just made history by passing major legislation on stablecoins (GENIUS Act) and market structure (CLARITY Act) in an overwhelmingly bipartisan way. This is a huge moment for crypto and for all Americans. We’re very close to having comprehensive, proactive rules in place for the first time. Next up: the GENIUS Act goes to the President’s desk for his signature. After that, the Senate should pass the CLARITY Act. We believe passing these laws is the best way to ensure that America remains the world leader in the next era of the internet. Thank you to all the cosponsors of these bills and the incredible supporters on both sides of the aisle in Congress.

Ali has been the best partner since day one. And it’s still day one so he’s still the best partner.

In retrospect, it will seem bizarre that a few companies controlled how everyone communicated.

The upcoming era of AI, digital money, and quantum computing will require a new standard for secure and interoperable communication. @xmtp_ is a protocol for the future of messaging — open, decentralized, and quantum-resistant. Just as SMTP laid the foundation for email at the dawn of the web, XMTP is built to do the same for this new era.

Finally, we can own and control our messaging the way we own & control our money. Today at NewDayOne, @baseapp + XMTP unlock a new surface for builders: AI + Money + Secure group chats It’s time to build agents & mini-apps that work for people, not platforms. Let’s dive in👇

Personal news: after four incredible years as President & COO of @Uniswap, I’m starting something new. This is a new chapter for crypto. We’ve come a long way since I started digital assets at BlackRock in 2015, and building with @haydenzadams was an awesome adventure. I’m excited to scale from here. Stay tuned :)

As of today, XMTP is now a fully quantum-resistant decentralized messaging protocol. This means, any developer, anywhere in the world can leverage XMTP to provide their users with private, decentralized, & quantum-resistant messaging.

Has been awesome to see the response once people have started to dig into this past 24 hours. Positive feedback from people I respect at all time highs. Can’t wait to see the impact when adopted

EVM is not slow. We have achieved over 1 million TPS on a single node while still Merkleizing every block. Introducing FAFO