#StablecoinLaw The GENIUS Act, signed into law in July 2025, creates the first U.S. federal framework for stablecoins. It requires issuers to hold 100% reserves in cash or Treasuries, undergo audits, and be licensed as “Permitted Payment Stablecoin Issuers.” The law aims to ensure transparency, consumer protection, and financial stability, while supporting the U.S. dollar's dominance. It bans unauthorized stablecoins after a three-year transition. Industry leaders—including banks and tech firms—are preparing to issue compliant tokens. While praised for regulatory clarity, critics warn it may favor large players and limit innovation. Full implementation is expected by late 2026 or early 2027.$XRP