#StablecoinLaw The GENIUS Act has been signed into US law by President Trump, establishing the first federal regulatory framework for stablecoins. This landmark legislation defines requirements for stablecoin issuers, mandating 1:1 reserve backing with highly liquid assets like US dollars or short-term Treasuries, and requiring public disclosures of reserve composition.
The Act aims to foster responsible innovation, enhance consumer protection, and strengthen the dollar's global position. It introduces a dual federal-state regulatory track and subjects stablecoin issuers to anti-money laundering and sanctions compliance. This move provides much-needed clarity for the burgeoning stablecoin market.