TradingKey - The United States is about to usher in "Crypto Week", and the House of Representatives may pass the GENIUS Act.On Thursday local time, senior officials of the U.S. House of Representatives announced that the week of July 14 will be designated as "Crypto Week", when the GENIUS Act will be reviewed. Once passed, it will be handed over to US President Trump for a final decision. Previously, Trump had urged that the bill be delivered to him before August for signing.The GENIUS Act is a bill on stablecoins, and clear regulations have been made for the issuance, circulation, withdrawal, investor protection, etc. of US dollar stablecoins. The GENIUS Act not only helps to strengthen the hegemony of the US dollar, but also benefits stablecoin concept stocks. Among them, Circle (CRCL) is a typical representative, and its stock price has continued to soar after its listing in June.Although the House of Representatives has also proposed its own stablecoin bill, the STABLE Act, Trump and White House bureaucrats hope that the GENIUS Act will be approved. Among them, Bo Hines, the White House digital asset policy adviser, once said, "I hope to see the GENIUS Stablecoin Act finally passed." Once passed, the stablecoin market will benefit directly, and the corresponding concept stocks may be sought after by the market again.