#StablecoinLaw US President Donald Trump recently signed the GENIUS Act, a pivotal law establishing a regulatory framework for US-dollar-pegged cryptocurrencies, known as stablecoins. The bill garnered substantial bipartisan support, passing 308 to 122, a significant victory for the crypto sector.

This legislation is expected to enable stablecoins to become a common method for payments and money transfers. Crypto advocates have long pushed for such a regulatory structure to legitimize an industry that began in 2009. Often characterized as a "digital Wild West" due to its speculative nature, the industry is now poised for greater mainstream acceptance and stability, moving beyond its chaotic origins.