#StablecoinLaw US Passes Landmark Stablecoin Law: Paving the Way for Mainstream Adoption In a significant move for the cryptocurrency industry, US President Donald Trump recently signed a law establishing a regulatory framework for US-dollar-pegged stablecoins. This legislation is a major victory for crypto advocates, who have long sought clear rules to legitimize the sector.

The new law mandates that stablecoins be fully backed by liquid assets like US dollars and short-term Treasury bills. Issuers will also be required to publicly disclose their reserve composition monthly. This aims to enhance transparency and build trust, potentially expanding the stablecoin market from over US260 billion to an estimated US2 trillion by 2028. Backers believe this could also boost demand for US government debt, while some express concerns about potential volatility in the Treasury bills market. This landmark legislation could revolutionize payments, making instant transactions more accessible for consumers, banks, and retailers.