#StablecoinLaw
The #StablecoinLaw is established after the signing on Friday of the GENIUS Act, the first US federal law regulating stablecoins. It imposes a 100% reserve in cash or Treasury bills, monthly audits, and prioritizes holders in the event of bankruptcy, while aligning federal and state supervision. The text, now adopted, will strengthen the confidence of financial actors (Coinbase, Kraken, Gemini) present at the ceremony. Experts praise the regulatory clarity but warn of potential constraints on competition and increased oversight. In summary, this law marks a turning point: stablecoins become a legitimate and secure financial instrument, promoting their institutional adoption.