#StablecoinLaw On July 18, 2025, US President Donald Trump signed the "Guiding and Establishing National Innovation for US Stablecoins Act," or the GENIUS Act , into law. This landmark legislation creates the first comprehensive federal regulatory framework for stablecoins, a significant move for the crypto industry.

The GENIUS Act mandates that stablecoins be backed 1:1 by liquid assets like the US dollar and short-term Treasury bills, with public monthly disclosures of reserve compositions. It aims to boost consumer confidence, ensure financial stability, and solidify the US dollar's global reserve status. While critics express concerns about potential loopholes regarding the President's family's crypto interests and certain regulatory aspects, supporters hail it as a pivotal step towards mainstream adoption of digital payments.