#StablecoinLaw The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is a groundbreaking law regulating stablecoins in the USA, signed by President Donald Trump on July 18, 2025. Passed by the House of Representatives (306-122) and the Senate (68-30), it introduces the first federal framework for dollar-pegged stablecoins. It requires issuers to maintain full 1:1 reserves, conduct regular audits, and register with federal or state regulators. It prohibits unbacked algorithmic stablecoins, increasing transparency and security. The law aims to support innovation, strengthen the dollar's position, and protect consumers, but raises concerns about potentially limiting smaller issuers and privacy. Implementation will begin in 2026.