#StablecoinLaw $ETH $SOL

🪙 U.S. Stablecoin Law – GENIUS Act Summary

The GENIUS Act, passed in July 2025, is the first U.S. law to fully regulate payment stablecoins like USDC and USDT.

Key Points:

1.Only banks or licensed firms can issue stablecoins

2.Must be backed 1:1 with U.S. cash or short-term Treasuries

3.Monthly reserve reports + regular audits are mandatory

4.Holders get full redemption rights, even in bankruptcy

5.Stablecoins can't pay interest to avoid securities laws

🔍 Impact:

This law builds trust in stablecoins, invites banks to the space, and boosts crypto’s legitimacy. But it also raises compliance demands for issuers.