In This Article
- Historical Day For Crypto As All Three Trump Crypto Bill Are Passed In The House Of Representatives
- Tether Mints $2 Billion USDT And Sends $1 Billion Directly To Binance - Is Alt Season Upon Us?
- BONUS: Bitcoin Hyper (HYPER) Smashes Past $3 Million In Early Stage Funding: Is Hyper The Best BTC Beta Play This Year?
- How To Join The Bitcoin Layer-2 Revolution Today:
The Donald Trump crypto bill, the GENIUS Act, was passed in the House of Representatives yesterday, alongside the Clarity Act and the Anti-CBDC Act, marking a monumental day for the crypto industry.
Around the same time these landmark bills were passed in Washington, Tether minted $2 billion in fresh USDT stablecoin and sent $1 billion straight to Binance, leading many to speculate that it will be used to inject liquidity into the altcoin market.
JUST IN: The 🇺🇸House vote PASSES to advance the 3 crypto bills:
✅GENIUS Act
✅Clarity Act
✅Anti-CBDC Act pic.twitter.com/nwMMxwXYwk— Crypto.com (@cryptocom) July 16, 2025
Historical Day For Crypto As All Three Trump Crypto Bill Are Passed In The House Of Representatives
The House voted 215-211 in favour of advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This legislation would establish federal oversight for stablecoin issuers and could be sent to President Donald Trump by the end of the week.
In addition, lawmakers approved the Digital Asset Market Clarity Act, which implements comprehensive regulations for the cryptocurrency market and clarifies the roles of the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission).
This act also includes a provision that prevents the Federal Reserve from issuing central bank digital currencies (CBDCs) directly to individuals. No Democratic representatives supported the advancement of these bills, following a tense procedural vote that initially stalled the efforts on Tuesday.
The main Trump crypto bill in the headlines is the GENIUS Act due to its push to regulate stablecoins and make them more accessible throughout not only the Web3 space but also the TradFi (traditional finance) sector.
With impeccable timing, Tether minted $2 billion of its USDT stablecoin on the same day that stablecoins were the topic of discussion in Washington.
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Tether Mints $2 Billion USDT And Sends $1 Billion Directly To Binance – Is Alt Season Upon Us?
TETHER JUST MINTED $2,000,000,000 USDT
They sent $1 Billion straight to Binance. pic.twitter.com/yBfnlUBDF3
— Arkham (@arkham) July 16, 2025
Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain. Tether CEO Paolo Ardoino confirmed this mint through a post on X, clarifying that the new issuance was an “inventory replenish” for Ethereum. This means the funds are intended to serve as inventory for future issuance and blockchain swaps, rather than entering circulation immediately.
Of the newly minted amount, $1 billion was sent directly to Binance, the largest global crypto exchange by trading volume. This transaction indicates that trading activity across crypto markets has intensified, especially following Bitcoin’s new all-time high above $120,000.
USDT plays a crucial role in the cryptocurrency ecosystem by providing liquidity and stability in trading across both centralized and decentralized platforms. According to company data, Tether has issued $4.4 billion in USDT in just the past month.
This latest minting spree has driven Tether’s total market capitalization to an all-time high of over $160 billion. Ardoino celebrated this milestone as a testament to USDT’s real-world utility, especially in emerging and developing markets. In a recent post on X, the Tether CEO stated:
“This is a new mind-blowing milestone, a statement of the unrivaled utility of USDt as the digital dollar for billions of people living in emerging markets and developing countries.”
According to the company’s reports, Tether has issued over $74 billion in USDT on the Ethereum blockchain and $81 billion on the Tron blockchain. Additionally, it has established smaller but increasing presences on other chains, including $2 billion on Solana, $530 million on TON, and $480 million on Avalanche.
It is unknown what effect the Trump crypto bill will have on Tether and its suite of stablecoin products. However, as of now, Paolo Ardoino doesn’t seem at all concerned and would likely welcome more transparent oversight in the stablecoin space.
BONUS: Bitcoin Hyper (HYPER) Smashes Past $3 Million In Early Stage Funding: Is Hyper The Best BTC Beta Play This Year?
Bitcoin Hyper (HYPER) continues to gain momentum after securing $3.1 million in presale funding and is already targeting $4 million.
It is a brand-new Bitcoin Layer-2 protocol built on the Solana Virtual Machine (SVM) and utilizing rollup technology to batch transactions from the Bitcoin core layer, processing them off-chain before sending them back to Bitcoin for settlement.
This not only speeds up Bitcoin transactions and reduces fees to mere pennies, making Bitcoin a viable payment option for the first time. BTC has never been a realistic option for retail and e-commerce due to its lengthy processing times and high fees, but Bitcoin Hyper changes this.
Additionally, HYPER will open up a whole new ecosystem under the Bitcoin umbrella, with DeFi, Gaming, NFTs, and meme coins all possible sectors being built on Bitcoin using Bitcoin Hyper.
As previously mentioned, Bitcoin Hyper is building with innovative rollup technology. The team’s recent announcement of full integration with the SVM as the execution layer on HYPER, coupled with the utilization of rollups, will facilitate fast transactions, low fees, and real-time execution without changing Bitcoin’s core base layer.
How To Join The Bitcoin Layer-2 Revolution Today:
(SOURCE)
To get started, visit the Bitcoin Hyper presale website to learn more about joining the HYPER train. You can purchase HYPER using ETH, USDT, BNB, or a bank card.
Best Wallet is a new web3 wallet that provides a seamless purchasing experience. HYPER is featured in the mobile app’s ‘Upcoming Tokens’ section, offering simplified token management and early access to HYPER and other presale opportunities.
Investors can stake their HYPER tokens for an impressive 286% APY in rewards, creating an excellent opportunity for passive income while waiting for the Bitcoin Hyper ICO to finish.
There are just under 36 hours remaining before the HYPER presale moves to its next price stage, meaning the current price of $0.0123 will no longer be available.
For the latest updates on all things HYPER, join the community on Telegram and X.
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