#StablecoinLaw

In July 2025, the United States enacted a historic law known as the GENIUS Act, which regulates for the first time the issuance of stablecoins at the federal level. This law was a response to the increasing use of stablecoins in transfers and digital payments and aimed to ensure transparency and stability in this sensitive area.

The law stipulates that every stablecoin must be fully backed by 100% of real cash assets such as dollars or Treasury bills, and it prohibits the use of high-risk assets as collateral. It also requires issuers to provide monthly reports and clarify the reserve structure to ensure consumer protection.

On the other hand, the law prohibits unlicensed entities from issuing these currencies and grants legal priority to their holders in the event of the issuer's bankruptcy. This legislation is considered a strong boost for institutional adoption of stablecoins, especially by banks and fintech companies, with warnings that excessive regulation may stifle innovation.

Sources:

Reuters – Gibson Dunn – MarketWatch – Whitehouse.gov