#USStablecoinBill #USStablecoinBill
Big News: The U.S. Just Set the Rules for Stablecoins
A new law called the GENIUS Act is moving fast in the Senate — and it could change crypto forever.
Here’s what it says:
Stablecoins must be backed 1-to-1 with real money (like cash, T-bills, or Fed deposits)
They must follow strict rules: audits, transparency, and licenses
Anyone not following the rules? Blocked from operating