In both of these bills, there are underlying strategic and thematic overlaps that suggest a broader fiscal and regulatory pivot. This is especially noticeable around financial control, capital redirection, and national economic sovereignty. 

The “One Big Beautiful Bill” (OBBBA) is a sweeping $3.3 trillion fiscal package. The tax-heavy, defense-focused, welfare-slashing legislation has now passed both chambers of Congress. 

The bill raises the debt ceiling by $5 trillion, adding an estimated $3.3 trillion to the deficit over ten years. That raises an obvious concern.

That’s where the GENIUS Act comes in.

By mandating that stablecoins be backed 1:1 by US dollars or short-term Treasuries, the GENIUS Act could unlock over for government debt. 

In short, stablecoin issuers are now legally required to buy Treasuries. That creates a silent but powerful absorption mechanism for the bond market.

It’s a clever fiscal loop: one bill spends, the other soaks up the consequences.

While the ‘Big Beautiful Bill’ removed controversial AI and crypto restrictions before final passage, the GENIUS Act is laser-focused on locking stablecoin issuance within a federally controlled perimeter.

Only OCC-regulated banks, federally licensed nonbanks, or state-certified entities can issue payment stablecoins. Foreign issuers? Blocked. Unregulated fintechs? Out.

Rather than suppressing digital finance outright, the US appears to be co-opting the rails of the crypto ecosystem. This ensures that while blockchain-based systems may expand, the monetary flow still returns to Washington.

This is, effectively, .

Several key clauses across both bills show early signs of what could become a .

Add to this the trend of digital wallets and stablecoin integrations with federal ID verification (a pilot quietly being tested in several states), and a pattern emerges: —one that merges fintech efficiency with Washington’s approval.

These bills haven’t gone unnoticed abroad—particularly in China.

Recent reports suggest Chinese firms, in coordination with mainland regulators, are accelerating the launch of for cross-border settlements in Asia, Africa, and the Middle East.

So, China could be interpreting the GENIUS Act as a signal that the US is using dollar-backed stablecoins to maintain global dominance, even as traditional influence wanes.

Taken together, the OBBBA and GENIUS Act reflect more than just Trump’s policy preferences—they represent a :

One bill builds the house. The other wires it for electricity. And both ensure that the doors stay locked to anyone outside the system.

Overall, Trump’s legislative victories suggest something more sophisticated than culture war posturing. 

These bills lay the groundwork for a digitally controlled, dollar-anchored economic framework that consolidates fiscal power while projecting financial dominance.

Whether that’s genius—or dangerous—depends on who controls the keys.

The post The Covert MAGA Plan Behind Trump’s Big Beautiful Bill and the GENIUS Act appeared first on BeInCrypto.

Source: https://beincrypto.com/trump-big-beautiful-bill-genius-act-maga-economy-plan/