Trump signs the GENIUS Act, marking a key step for stablecoins into a compliant era and bringing Web3 closer to mainstream finance!
Previously, many people's understanding of stablecoins was limited to the idealized stage of "decentralization and free circulation," but this act establishes a compliant framework for stablecoins backed by a "1:1 reserve of dollars and government bonds," allowing stablecoins to shed the labels of "high risk and high volatility" and become more stable and reliable tools. This means that stablecoins will become an important part of the global financial system, providing domestic retail investors not only the opportunity to enjoy more financial innovation dividends but also to participate in more regulated trading in the global market.
The foundation of all this is compliance. The transition of stablecoins from a "gray area" to compliance will not only increase market stability but also build trust and usage of these tools among more people.
All of this signifies that Web3 is continuously integrating with the real world, becoming more robust and transparent, and is becoming an important part of future finance. For us, the arrival of this era will be the result of the collective efforts of all Web3 builders, and the future will undoubtedly be filled with hope #GENIUS稳定币法案