#StablecoinLaw The GENIUS Act, signed into law by President Trump, establishes the first federal regulatory framework for stablecoins in the United States It requires stablecoins to be fully backed by liquid assets like US dollars and Treasury bills and mandates monthly public disclosures of reserve composition Issuers must undergo regular audits and meet strict redemption and transparency standards The law aims to legitimize stablecoins for mainstream use in payments and remittances while reinforcing the dollar’s global dominance Critics argue it lacks strong anti money laundering safeguards and oversight of foreign issuers The act takes effect in January 2027 following regulatory implementation