{"id":54501,"date":"2025-06-19T09:52:55","date_gmt":"2025-06-19T09:52:55","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-up-as-trump-asks-house-to-get-genius-on-his-desk-asap\/"},"modified":"2025-06-19T09:52:55","modified_gmt":"2025-06-19T09:52:55","slug":"chainlink-price-up-as-trump-asks-house-to-get-genius-on-his-desk-asap","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-up-as-trump-asks-house-to-get-genius-on-his-desk-asap\/","title":{"rendered":"Chainlink price up as Trump asks House to \u201cget GENIUS\u201d on his desk ASAP"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-3-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-3-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-3-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-3-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Chainlink price is slightly up in early trading on Thursday.<\/li>\n<li>This comes as Trump asks the House to \u201cget GENIUS\u201d on his desk ASAP.<\/li>\n<li>Chainlink\u2019s technology could be massive for stablecoin adoption.<\/li>\n<\/ul>\n<p>Chainlink\u2019s LINK token is among the few across the crypto market to trade green on Thursday morning as it rides <a href=\"https:\/\/www.google.com\/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https:\/\/coinjournal.net\/news\/us-senate-approves-genius-act-to-regulate-stablecoins-bill-moves-to-house\/\">optimism around the GENIUS Act<\/a>.<\/p>\n<p>LINK price hovered around $13.16 at the time of writing, up 1% in the past 24 hours.<\/p>\n<p>This comes as various industry players laud the US Senate for passing a landmark stablecoin bill.<\/p>\n<p>President Donald Trump has now urged House lawmakers to swiftly pass the legislation, posting on Truth Social: \u201cGet it on my desk ASAP!\u201d<\/p>\n<p>The bill, which cleared the Senate on Tuesday, aims to regulate dollar-pegged stablecoins, cementing their role in the digital economy.<\/p>\n<p>Investors see <a href=\"https:\/\/www.google.com\/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https:\/\/coinjournal.net\/news\/tag\/chainlink\/\">Chainlink\u2019s<\/a> infrastructure as pivotal to this shift, a scenario that could boost LINK\u2019s price.<\/p>\n<h2>Trump lauds Senate on GENIUS Act<\/h2>\n<p>On Tuesday, the US Senate passed the GENIUS Act with a 68-30 vote, a historic win for the crypto industry.<\/p>\n<p>The legislation, officially the Guiding and Establishing National Innovation for US Stablecoins Act, establishes federal guardrails for stablecoins, ensuring full reserve backing, monthly audits, and anti-money laundering compliance.<\/p>\n<p>Trump praised the Senate\u2019s move, saying, \u201cthis is American brilliance at its best\u201d.<\/p>\n<p>Crypto journalist Eleanor Terrett shared Trump\u2019s post via X.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8NEW: A message from the President to the House following the Senate\u2019s passage of the GENIUS Act:<\/p>\n<p>\u201cGet it to my desk ASAP \u2014 NO DELAYS, NO ADD ONS.\u201d <a href=\"https:\/\/t.co\/LMJGKGdbyT\">pic.twitter.com\/LMJGKGdbyT<\/a><\/p>\n<p>\u2014 Eleanor Terrett (@EleanorTerrett) <a href=\"https:\/\/twitter.com\/EleanorTerrett\/status\/1935490193156370643?ref_src=twsrc%5Etfw\">June 19, 2025<\/a><\/p>\n<\/blockquote>\n<p>The bill now heads to the Republican-controlled House, where bipartisan support is expected, before landing on the President\u2019s desk for signing.<\/p>\n<p>Industry leaders view this as a turning point, opening doors for banks, fintechs, and retailers like Amazon to issue stablecoins.<\/p>\n<h2>Why Chainlink?<\/h2>\n<p>Stablecoins, with over $250 billion in onchain value, are a cornerstone of crypto.<\/p>\n<p>They are what is enabling near-instant, low-cost global transactions, all around the clock and globally.<\/p>\n<p>As their market is projected to soar into the trillions, robust infrastructure is critical for trust and scalability.<\/p>\n<p>Chainlink, a decentralized oracle network, is uniquely positioned to meet these demands.<\/p>\n<p>Chainlink co-founder Sergey Nazarov stated,<\/p>\n<blockquote>\n<p>\u201cChainlink is the only platform that provides proof of reserves and cross-chain connectivity in one system.\u201d<\/p>\n<\/blockquote>\n<p>Nazarov emphasized that US stablecoin regulation will drive global growth, raising transparency and interoperability standards.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Stablecoin regulation in the US will kick off a wave of new stablecoins in the US and all over the world. They will all need proof of reserves and cross-chain connectivity to be used as a source of payment for the growing digital asset economy and tokenized funds. <\/p>\n<p>Chainlink is\u2026<\/p>\n<p>\u2014 Sergey Nazarov (@SergeyNazarov) <a href=\"https:\/\/twitter.com\/SergeyNazarov\/status\/1934794778002026872?ref_src=twsrc%5Etfw\">June 17, 2025<\/a><\/p>\n<\/blockquote>\n<p>Chainlink\u2019s Configuration Runtime Environment (CRE) allows issuers to manage reserves, compliance, and cross-chain transfers seamlessly, making it a go-to solution.<\/p>\n<p>With partnerships like World Liberty Financial\u2019s USD1 stablecoin already leveraging Chainlink\u2019s Cross-Chain Interoperability Protocol (CCIP), the platform\u2019s role is expanding.<\/p>\n<h2>Chainlink (LINK) price<\/h2>\n<p>The outlook for stablecoins in the US is bullish for LINK\u2019s price.<\/p>\n<p>As stablecoin adoption accelerates, <a href=\"https:\/\/x.com\/chainlink\/status\/1935088598006517966\">demand<\/a> for Chainlink\u2019s services could spike, driving token value.<\/p>\n<p>Furthermore, analysts note LINK\u2019s rally on the back of Trump\u2019s election win and WLF endorsement as some pointers to what could happen next.<\/p>\n<p>If the GENIUS Act passes the House, Chainlink\u2019s infrastructure could become critical, potentially pushing LINK higher.<\/p>\n<p>\u00a0<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/chainlink-price-up-as-trump-asks-house-to-get-genius-on-his-desk-asap\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Chainlink price is slightly up in early trading on Thursday. This comes as Trump asks the House to \u201cget GENIUS\u201d on his desk ASAP. Chainlink\u2019s technology could be massive for stablecoin adoption. Chainlink\u2019s LINK token is among the few across the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54501"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54501"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54502"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}