U.S. President Trump officially signed the "Guiding and Establishing the U.S. Stablecoin National Innovation Act," also known as the "GENIUS Act," at the White House, marking the first time in history that federal legislation on cryptocurrency regulation has officially taken effect. The act sets stricter regulatory standards for stablecoins: issuers must maintain a 1:1 reserve backed by liquid assets such as U.S. dollars and short-term government bonds, and must publicly disclose the reserve composition monthly. From now on, stablecoins are no longer experimental products in a gray area, but are enshrined in U.S. law and endorsed by the government as "official currency instruments."