#USStablecoinBill GENIUS 2025 Act: Is it a radical change for stablecoins or an evasion of regulatory rules? 🏛️💵
The GENIUS Act (Guiding and Establishing National Innovation for American Stablecoins Act of 2025) is a major bipartisan effort to regulate stablecoins in the United States.
Here’s what you need to know:
🏦 Issuance rules: Stablecoins may only be issued by licensed entities, backed 1:1 by the US dollar or high-quality assets such as treasury bonds.
🔒 Reserves must be secure: Reserves must be separate from the company’s funds and monthly attestation certificates must be issued for them.