Cryptocurrency users are betting on the chances that American legislation to regulate payments to pay forward pays, following a crucial vote in the Senate and a public push by President Donald Trump to “take him to [his] desk.”
On Thursday, the Paris online Paris platform shows 89% of chances of guiding and establishing national innovation for American stablescoins, or Genius Act, which adopted the American Senate and the House of Representatives and was signed by the President before 2026. The Bet Polymarket seemed to have been launched on Tuesday 18 hours after the adoption of the Senate in a 68-30 vote on Tuesday.
It is not clear if the bill will have enough support to adopt the Chamber in its current form or if the legislators could add changes to respond to concerns concerning Trump’s ties with cryptographic industry, in particular the stablecoin of World Liberty Financial, USD1. The majority of senators voted against a similar amendment before the final adoption of the Act on Engineering, which transferred legislation to the House.
Depending on the final form of the bill, it could open the valves so that American companies emit their own stablecoins to settle transactions. Technology giants like Apple and Google would have envisaged their own tokens, and two American senators have transmitted questions to Meta to find out if the company could have the same plans if the bill should be promulgated.
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Do you head for the house and then Trump’s office?
Trump suggested that he would sign the act of genius with “no addition” if the house had to pass it quickly. Republicans have a thin majority in the House and could soon face a ground vote on a bill to establish a framework of cryptographic market structure. The Clarity Act, which was adopted from the committee last week, could clarify the roles that American financial regulators would have on digital assets.
The chances of the polymarket do not necessarily give an overview of whether the American legislators will adopt the bill or Trump will sign it. On the contrary, the platform shows how some crypto users are ready to bet on one or more special results.
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