With legislative action, NC poised to become stablecoin capital

Spuller

By Dan Spuller

Carolina Journal

The GENIUS Act didn’t just set federal policy; it ignited the next great wave of American financial innovation. And that wave is breaking first on North Carolina’s shores. On July 15, 2025, just two days before the U.S. House passed the bill and three days before President Trump signed it into law, I met with then-presidential adviser Bo Hines and his deputy, Harry Jung, both members of the White House Presidential Working Group on Digital Assets. It was among the closing discussions that helped bring the legislation across the finish line.

Standing outside the Eisenhower Executive Office Building that morning, I knew that years of work from our industry toward digital asset clarity were about to bear fruit. When the president signed the “Guiding