Just left the White House after the GENIUS Act signing ceremony. Stablecoins are bringing faster payments, safer dollars, more access, and less friction. Now we have a legal framework. Many people to thank. Historic day. Now it’s time to get the CLARITY Act done.

The GENIUS Act is getting signed today, bringing clear rules of the road for stablecoins. Here's why stablecoins are better money, how they're better for people and businesses, and the mental models you can use to understand them. My master thread on stablecoins. 👇

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.

Massive wins for crypto in the House: GENIUS Act passes 307-122. CLARITY Act passes 294-134. 💪🚀🇺🇸

🚨🚨🚨 The House just passed my bill – The GENIUS Act! This historic legislation will bring our payment system into the 21st century. It will ensure the dominance of the U.S. dollar. It will increase demand for U.S. Treasuries. I look forward to @POTUS signing GENIUS into law – the first step in making America the crypto capital of the world.

For 50 years, pessimists have been wrong. In this interview, The Rational Optimist author @mattwridley walks us through the miracle of human advancement, from lighting a room to transforming entire economies. This is the story you’ve never been told about how the modern world came to be and why there’s every reason to believe it can keep getting better.

Luke is exceptional. We’re lucky to have him leading at Treasury.

🚨 Congratulations to President Trump and the House for passing the historic Big Beautiful Bill — delivering tax cuts, securing the border, ending the tax on tips, and making the American economy stronger than ever. Next up: Crypto Week in the House (week of the 14th). GENIUS is heading to the President’s desk. The Clarity Act — a phenomenally crafted market structure bill — is heading to the Senate. Clarity to the President’s desk next. We will not slow down. We will keep winning! 🇺🇸

Big thanks to @SenatorTimScott, @SenLummis, @BoHines, and @DavidSacks for your leadership. Getting comprehensive crypto market structure legislation passed has been sorely needed for years. We’re incredibly supportive of this effort to make it happen by Sept 30. American consumers and crypto builders need clear, effective rules, and we stand ready to help get this done.

This is the right move. Happy to join our Little Tech partners to support Senator @tedcruz’s effort. The U.S. can’t win the AI race if Little Tech is buried under 50 different rulebooks.