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Wyoming Senator Cynthia Lummis revealed at the Bitcoin 2025 conference that President Donald Trump endorses legislation mandating the US government to accumulate 【1 million BTC】over five years. The proposed BITCOIN Act would utilize existing Federal Reserve and Treasury funds without increasing taxpayer burdens, marking a strategic move to position Bitcoin as a national reserve asset.
The Trump administration has assembled a specialized team to advance three key digital asset initiatives: stablecoin regulation, market structure reform, and the Bitcoin Strategic Reserve. Senator Lummis confirmed the Senate Banking Committee has already approved the stablecoin bill, with floor voting expected after the congressional recess. ——This represents the most significant crypto policy advancement since 2022—— industry analysts note.
Concurrent with Bitcoin reserve plans, the Guiding and Establishing National Innovation for US Stablecoins Act cleared a crucial procedural hurdle on May 19 with 【66-32】Senate support. White House crypto adviser David Sacks predicts bipartisan passage for the legislation, which would establish federal oversight for dollar-pegged stablecoins like USDT and USDC—currently dominating 【85%】of the $250 billion stablecoin market.
The revived BITCOIN Act proposes acquiring approximately 【200,000 BTC annually】through existing government financial mechanisms. Unlike previous proposals, the plan emphasizes budget-neutral implementation—a requirement repeatedly stressed by Trump administration officials. Market observers suggest such large-scale accumulation could fundamentally alter Bitcoin's supply dynamics while reinforcing US financial leadership.
Proponents argue combining comprehensive stablecoin regulation with strategic Bitcoin reserves could extend dollar hegemony in digital finance. ——We're witnessing the birth of a new monetary paradigm—— commented a former Federal Reserve official, noting the parallel development of regulated private dollar instruments and sovereign crypto assets positions the US advantageously in the evolving financial landscape.