🇺🇸 President Trump signed the GENIUS Act — the first federal regulation for stablecoins in U.S. history. This is a crucial step towards the institutionalization of the crypto market and strengthening the role of the dollar in the digital age.
📜 What's in the law
• Mandatory 1:1 backing of stablecoins in liquid assets (USD, treasuries)
• Monthly audits and financial reporting
• Ban on issuing unaudited 'algorithmic' stablecoins
• Permission for banks and licensed organizations to issue stablecoins
• Oversight — from the U.S. Treasury, not the SEC
📊 The market reacts
• The capitalization of USDC and other 'regulatory clean' stablecoins may sharply increase
• Increased demand for U.S. Treasury securities
• Strengthening the dollar's position as a global digital reserve asset
• Institutions have received the green light to use compliant stablecoins
💬 CivicNode Comment
This step legalizes stablecoins as a full-fledged financial infrastructure. The U.S. aims to secure global leadership in digital finance while strengthening the dollar's position and undermining the influence of unaudited assets.
The next stop — integration with banks, international competition, and laws on custody & DeFi.
🗓️ Expected Development
• Development of KYC/AML standards for issuers
• Increased competition between Circle, PayPal, and banks
• Potential launch of 'crypto-Treasuries' through authorized stablecoins
⚖️ The law has been passed, but how quickly will the market react?
Follow along with us — and share how you trade it 👇
