U.S. Passes Groundbreaking GENIUS Act for Stablecoins
Headline: U.S. President Trump signs GENIUS Act into law, paving the way for retailer-issued stablecoins$BTC
Summary:
On July 18, 2025, President Trump approved the bipartisan GENIUS Act, the first federal law to regulate stablecoins .
Issuers must back each token 1:1 with U.S. dollars or short-term Treasuries and disclose reserves monthly .$ETH
Major players like Walmart and Amazon could soon launch their own stablecoins, offering faster payments, lower fees, and rewards—but raising questions around consumer protection and reserve audits .$TRUMP
Why it matters: This legislation marks a turning point in crypto regulation, signaling broader mainstream adoption and strengthening trust in digital payments.
