US President Donald Trump signed a new law that is the first federal regulatory framework for dollar-backed stablecoins, aimed at enhancing consumer confidence in the cryptocurrency sector. This law, known as "GENIUS", defines the mechanisms for issuing stablecoins by American companies, as well as how they are managed and used in payment transactions ¹.

*What does this law mean$BNB $ETH $BTC #ETHBreaks3700 #CryptoMarket4T #StablecoinLaw