#StablecoinLaw 🚀 *Trump Approves GENIUS Act* 🚀

On July 18, 2025, President Trump signed the GENIUS Act, a major step for U.S. crypto. It demands all payment stablecoins be fully backed by cash or Treasuries and include monthly reports and third-party audits.

*Highlights:*

* Only regulated banks or approved firms can issue stablecoins

* Overseas issuers must meet U.S. standards

* Full enforcement starts within 18 months or 120 days post-regulations, with a 3-year grace period

Following the announcement, the crypto market surged past \$4 trillion. Trump pledged to make the U.S. the global crypto leader.

\$BTC

118,233.83 +0.12%

\#BTC