#GENIUSAct : A new era for stablecoins.

The GENIUS Act changes the game for stable digital assets. The bill requires **full backing**, **mandatory audits**, and the issuance of stablecoins only by **licensed issuers**.

Algorithmic stablecoins are under special scrutiny — their use is now restricted due to the risks of losing their pegged value. This is a new step towards protecting investors and increasing trust in the crypto market.

Among the coins that may fall under the new rules are **USDT (Tether), USDC (USD Coin), DAI (Dai)**, and **FDUSD (First Digital USD)**.

The GENIUS Act could become the benchmark for regulation that will define the future of digital assets.

It remains to be seen how the market will respond to the new rules. 🚀