US lawmakers are preparing to pass legislation regulating stablecoins and the structure of the cryptocurrency market, expected in August. Kristin Smith, CEO of the Blockchain Association, made this prediction at the 2025 Digital Assets Summit in New York. Smith's views reflect the assessment of Bo Hines, President's Advisory Council on Digital Assets, who predicts the passage of stablecoin regulations in the coming months.

Smith emphasized that the support of the chairs of the relevant congressional committees and the White House, along with bipartisan support, will facilitate this. At the Digital Assets Summit on March 18, Democratic Congressman Ro Khanna expressed optimism that Congress could pass both the stablecoin and cryptocurrency market structure Bills by 2025.

The Senate has passed the GENIUS Act, with guidelines on collateral for stablecoin issuers and anti-money laundering compliance requirements. In 2024, the House passed the FIT21 Act, laying the foundation for the cryptocurrency market structure. However, Senate approval is still needed for it to become law.

In this context, the cryptocurrency industry will benefit from greater clarity in US regulations, more than the strategic Bitcoin reserve. On March 6, President Donald Trump signed an executive order creating the US Strategic Bit Reserve and Digital Assets, fulfilling a campaign promise from 2024.

The market is awaiting a roadmap for innovation and clear guidance on stablecoins, institutional adoption, and taxation. This is an important step to ensure the sustainable development of the cryptocurrency industry.