Crypto Summit: Trump Pushes Congress for Stablecoin Legislation

Crypto Summit 2025: Trump Call for Stablecoin Laws and Bitcoin Reserve

Donald Trump Calls for Stablecoin Legislation and Bitcoin Reserve

US President Donald Trump urged Congress to pass stablecoin laws. While speaking at the Blockworks Digital Asset Summit on March 20, he emphasized the need for clear and simple rules to guide businesses and institutions in the industry.

“With the right laws, big and small companies can invest, grow, and participate in one of the greatest technological changes in history,” Trump said.

This crypto summit is part of a bigger plan to make the US a blockchain and virtual currency leader. It was historic since it was the first time a US president spoke at a digital asset event. Government leaders and business experts joined, showing the importance of cryptocurrency.

Stablecoins to Boost U.S. Dollar Power

Trump said stablecoins can strengthen the US dollar worldwide. He explained that dollar-backed stablecoins help keep the dollar the top global currency.

“With dollar-backed stablecoins, the US dollar will remain dominant for many years,” he said in the crypto summit.

Stablecoins could improve banking and payment systems, offering security, privacy, and economic benefits for American businesses and consumers.

U.S. to Create Bitcoin Reserve

Alongside stablecoin regulation, Trump also announced a major step in digital asset policy: the creation of a Strategic Bitcoin Reserve.

On March 6, Trump signed an executive order to establish this reserve. The U.S. government plans to store Bitcoin as a valuable asset without selling it anytime soon. The goal is to accumulate 200,000 BTC as part of a larger U.S. Digital Asset Stockpile, which will also include seized virtual assets.

Bo Hines, a speaker at the crypto summit, said this plan is about securing assets for the American people rather than using them up.

Regulatory Changes in the US Crypto Industry

The current administration has taken a new approach to cryptocurrency regulations. The U.S. Securities and Exchange Commission (SEC) has shifted away from strict enforcement and dropped investigations into several crypto businesses. The SEC has also dismissed claims against major firms like Ripple before the crypto summit.

The focus is now on fair laws that allow growth while keeping oversight. This gives digital asset businesses more confidence to operate in the U.S. and clears up rules.

The US is focusing on digital assets. Trump supports stablecoin laws and a Bitcoin reserve highlighted in the cryptocurrency summit. The country wants to lead in blockchain and virtual money. Clear rules and crypto-friendly policies help this goal.