Bo Hines, the executive director of the Presidential Working Group on Digital Assets, is optimistic that legislation concerning stablecoins could reach President Donald Trump within a two-month timeframe.
Hines expressed this belief at the Blockworks Digital Asset Summit 2025 in New York, where he appeared alongside Kyle Samani, the managing partner at Multicoin Capital. This information was initially shared via X by journalist and host of the Crypto America podcast, Eleanor Terrett.
These remarks follow the recent inaugural crypto summit hosted by the White House. Hines, who leads the advisory council on digital assets within the working group, emphasized that stablecoins continue to be a major focus on the U.S. regulatory agenda.
While initiatives like the Bitcoin (BTC) strategic reserve have attracted considerable attention and discussion, stablecoins remain a core priority firmly established within the regulatory framework of the U.S.
Hines is convinced that the current momentum around stablecoin regulation suggests the potential for legislation to arrive on Trump’s desk in the next couple of months.
This follows the U.S. Senate Banking Committee’s recent advancement of the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, known as the GENIUS Act, which received bipartisan backing with a vote tally of 18-6.
If enacted, this legislation would create a thorough regulatory framework for stablecoins in the U.S., clarifying the regulations surrounding the issuance and management of payment stablecoins.
President Trump, who has previously signed several executive orders related to cryptocurrency, has expressed his willingness to endorse stablecoin legislation that reaches him. Industry experts believe that the current supportive environment for crypto could lead to a stablecoin regulatory structure being in place by as early as 2025.
Stablecoins, which are cryptocurrencies linked to assets such as the U.S. dollar, continue to see rapid adoption. Tether (USDT) holds the largest market share, exceeding that of its competitor, Circle’s USDC (USDC).
In recent weeks, regulatory scrutiny on stablecoins has significantly increased in Europe, where the Markets in Crypto Assets rules have caused some exchanges to delist stablecoins that do not comply.