#StablecoinLaw Stablecoins are cryptocurrencies designed to hold a steady value, often linked to the US dollar. New laws, like the "GENIUS Act" in the US, are being put in place to make them safer.
These laws usually require stablecoin issuers to hold enough real money or safe assets (like US dollars) to back every stablecoin they create. This is called "1:1 backing." They also demand regular reports and audits to ensure transparency. The goal is to protect users, prevent fraud, and bring more trust to the crypto world.