#StablecoinLaw

Trump signed the GENIUS Act — the first cryptocurrency law in the USA regulates stablecoins

On July 18, Trump approved the GENIUS Act — the first federal law on crypto in the USA.

The law passed the House of Representatives (306–122) and introduces strict regulation of stablecoins.

📌 Key provisions:

— 100% reserves for stablecoins

— Mandatory audits

— Registration with regulators

— ❌ Ban on algorithmic stablecoins

💬 Trump called the law "genius" — and ironically added: "In my honor".

Tether supported the initiative, anticipating a 10-fold market growth. Opponents fear that the law could become a "Trojan horse" for the launch of CBDC.

📌 What’s important:

— The law strengthens trust in stablecoins

— Establishes clear rules of the game

— Makes the dollar a tokenized reserve currency

But the issue of CBDC is still open: the Anti-CBDC Act has not yet passed the Senate.

So the fight for the shape of future money is just beginning.