#StablecoinLaw **GENIUS Act Passes: Stablecoins Get a U.S. Makeover! 🚀💸**
On July 18, 2025, the GENIUS Act became law, revolutionizing stablecoin regulation in the U.S.! 🎉 This bipartisan bill, signed by President Trump, sets a robust federal framework for dollar-pegged stablecoins, ensuring 1:1 reserve backing with U.S. dollars or Treasuries. 🏦💵 Issuers must disclose reserves monthly, boosting transparency and consumer trust. 🙌 It clarifies stablecoins aren’t securities, streamlining oversight by the Treasury and OCC. 🌟 While critics like Sen. Warren warn of weak consumer protections, supporters say it paves the way for mainstream crypto adoption, potentially growing the $238B market eightfold! 📈 The Act balances innovation with safety, though some fear it favors big players. 🤔 With global competition heating up, the U.S. is positioning itself as a crypto leader. 🇺🇸