#StablecoinLaw

While stable cryptocurrencies were sailing in a foggy legal void, America introduced the "GENIUS Act" not as a new restriction but as a compass defining the boundaries of fair financial play. This law does not just regulate the market but imposes a clear identity: no stable currency unless it is fully backed, licensed, and transparent. There is no longer any room for anyone issuing a digital dollar without proof or solid reserves. Moreover, it is completely prohibited to pay any interest on these currencies, in a double blow that eliminates the suspicion of usury and prevents new banking encroachments.

What distinguishes this step is not just what has been stipulated, but what follows from it: the entry of massive institutions like Mastercard and Google into the race, and the transformation of stable currencies from trading tools to daily payment means. The law serves not only America but sends a message to global markets: anyone wishing to deal with the digital dollar must abide by the American rules of the game. Even foreign platforms will not escape the grip of the law unless they adhere to its standards.

This is not just regulation, but an announcement of the birth of a new digital financial system… less chaotic, more secure, and perhaps… more submissive to central authority. But it is certainly a step that will not be erased from the path of cryptocurrencies.