Ah, Brian Armstrong, the maestro of Coinbase—a man who has made more headlines than a scandalous society lady—has once again graced us with his insights. This time, he’s commenting on President Trump’s signing of the so-called Genius Act, which, much like a fine champagne, has bubbled its way into law 🍾. Armstrong, ever the optimist, believes this marks the dawn of a financial revolution. How quaint!
Stablecoins: The Legal Darling of the Crypto World
This Genius Act, a name so fitting it could only be dreamed up by someone with the audacity of Trump himself, grants stablecoins the legal status they’ve been clamoring for. Armstrong, in an interview from the White House yard—because apparently, the Oval Office wasn’t available—declared this a monumental moment for crypto. Stablecoins, he claims, will whisk us into a new era of payments, faster and cheaper than a dodgy cab ride in New York 🚕.
I hope people realize how important this moment is for crypto.
GENIUS is the first federal crypto bill signed into law, with more on the way.
The financial revolution starts here.
— Brian Armstrong (@brian_armstrong) July 18, 2025
Armstrong, never one to let a good tweet go to waste, reposted his interview with the same fervor, adding: “The financial revolution starts here. Huge moment for crypto. Huge moment for updating the financial system.” Indeed, Brian, indeed. But let’s not pop the champagne just yet—there’s still the “Clarity” bill to contend with. September 30th is the deadline, and Coinbase is ready to rally the troops. Bravo! 👏
Mastercard Joins the Stablecoin Soiree
Not to be outdone, Mastercard has also chimed in with an article praising the Genius Act. Written by Jesse McWaters, their executive vice president—a title so long it could be a Dickens novel—the piece heralds a new era of regulatory clarity for digital assets. McWaters claims stablecoins have reached a turning point, signaling “a new era of clarity and confidence.” How very dramatic! 🎭
With the GENIUS Act now passed, we’re entering a new era of clarity and confidence in #DigitalAssets – one we’ve been preparing for over the years. We’ve worked across #crypto and traditional finance ecosystems to explore how #stablecoins can complement and enhance existing…
— Mastercard News (@MastercardNews) July 18, 2025
McWaters emphasized that this law is creating global momentum for stablecoins and crypto, particularly in payments. With frameworks like MiCA in the EU and similar initiatives in Hong Kong and the UAE, the stage is set for a crypto extravaganza. Let the revolution commence! 🌍💰
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2025-07-19 14:02