The "Stablecoin Law," specifically the U.S. "GENIUS Act" (Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025), is a landmark piece of legislation. Recently signed into law by President Trump, it establishes a federal regulatory framework for stablecoins.

Key provisions include mandatory 1:1 reserve backing with high-quality liquid assets (like U.S. dollars and short-term Treasuries), monthly public disclosure of reserve composition, and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. The law aims to enhance consumer protection, foster trust, and integrate stablecoins into the mainstream financial system by providing clear rules for issuers, ranging from banks to non-bank entities. This marks a significant step towards legitimizing the crypto industry and potentially boosting the dollar's global standing.