🇺🇸 U.S. Makes Crypto History – Trump Signs the First Stablecoin Law: GENIUS Act! 🧠💵

🚨 In a major milestone, President Donald Trump has signed the GENIUS Act, the first-ever federal law regulating stablecoins — calling it “a major step to secure America’s lead in global finance.”

📜 GENIUS Act Highlights:

✅ 100% Reserve Rule – All stablecoins must be fully backed by USD or Treasuries.

🔍 Mandatory Audits – Issuers over $50B must undergo annual audits.

🏦 Dual Oversight – Fed regulates banks, OCC handles non-bank issuers.

❌ Ban on Algorithmic Stablecoins – Only asset-backed coins allowed.

📈 Industry Cheers:

Circle stock surged +18.2% 📊

Coinbase’s Brian Armstrong: “A surreal moment!” 🚀

🔥 More laws coming: CLARITY Act & Anti-CBDC Act already passed the House!

🗣️ Trump: “Crypto supports the dollar and makes America stronger.”

⚠️ This changes the entire game for U.S. crypto. Stablecoins are now officially legal, clear, and powerful. #GENIUSAct