#StablecoinLaw President Trump just signed a new law to regulate stablecoins in the U.S. This law makes sure stablecoins are backed 100% by real money like cash or U.S. bonds. It also forces stablecoin companies to show proof of their reserves every month.
This is a huge step for the crypto world. It gives users more safety and trust when using stablecoins. The law also helps stop money laundering and gives clear rules for companies.
Many believe this law will help stablecoins grow in the banking and finance world. It could make payments faster and cheaper for everyone.