#StablecoinLaw
milestone
#StablecoinLaw • U.S. Update (Jul 18/19, 2025)
🇺🇸 Genius Act is now law—President Trump signed the GENIUS Act into effect on July 18, 2025, creating the first federal stablecoin framework
The Washington Post
🏦 Issuers must maintain full 1:1 liquid-asset reserves, publish monthly disclosures, and undergo regulatory licensing under federal or state oversight
Business Insider
🚫 No yield-bearing stablecoins are allowed to limit risk, and holders receive priority in bankruptcy scenarios
Greenberg Traurig
💳 Retail giants like Walmart and Amazon may soon issue branded stablecoins, potentially cutting payment fees by up to 3 %
🏦 Top U.S. banks such as JPMorgan and Citi are fast-tracking stablecoin integration plans following regulatory clarity