#StablecoinLaw Genious Act some key points
Full Reserve Backing: Stablecoin issuers must maintain 100% reserves in U.S. dollars, short-term Treasuries, or similarly liquid assets.
Transparency Requirements: Issuers are required to publicly disclose reserve compositions monthly and undergo annual audits, especially if their market capitalization exceeds $50 billion.
Consumer Protections: The Act prohibits stablecoins from being marketed as FDIC-insured, backed by the U.S. government, or recognized as legal tender.
