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In a historic first, President Donald Trump addressed the Blockworks Digital Asset Summit in New York, urging Congress to pass stablecoin legislation. He emphasised that clear regulations would allow institutions to invest, innovate, and strengthen the US dollar’s dominance. Trump highlighted crypto’s role in economic growth and financial security, praising the industry’s pioneering spirit. He stated that stablecoins and blockchain innovation could enhance banking, payments, and privacy while driving an economic boom for American consumers and businesses. Donald Trump Says He Is Committed to Making United States the 'Crypto Capital'.
Donald Trump Urges Congress to Pass Stablecoin Legislation
JUST IN: President Trump calls on Congress to pass cryptocurrency stablecoin legislation
— The Spectator Index (@spectatorindex) March 20, 2025
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