Summary: President Trump has signed the GENIUS Act, the first comprehensive federal law regulating U.S. dollar‑pegged stablecoins.
Key Points:
1.Requires issuers to maintain 1:1 liquid-asset backing, perform monthly reserve disclosures, and undergo annual audits .
2.Establishes clear oversight, giving federal and state regulators joint authority over issuers .
3.Expected to boost mainstream trust and institutional adoption, with the stablecoin market ($260 billion) forecast to grow to $2–3 trillion b
y 2030 .