#StablecoinLaw As of July 2025, the U.S. has passed the GENIUS Act, its first major stablecoin law. It requires stablecoin issuers to:

Hold 1:1 reserves (in dollars or safe assets)

Get licensed (banks or approved non-banks)

Submit to monthly audits and AML rules

Ban interest payments directly from issuers

Globally, the EU’s MiCA, UK’s FCA rules, and Hong Kong’s licensing law are in effect, all focusing on reserve backing, redemption rights, and consumer protection.

These laws aim to legitimize stablecoins, protect users, and prevent financial risk.