#StablecoinLaw

Today marks a historic milestone in U.S. digital asset policy. The President signed the GENIUS Act into law following its bipartisan passage by 308-122 in the House on July 17 and 68-30 in the Senate on June 17. The GENIUS Act is the first federal law to create a comprehensive regulatory framework for payment stablecoins, digital tokens pegged to monetary value and intended for payments.

The GENIUS Act ushers in a new era of legal clarity for stablecoin issuers operating in the United States. For the first time, federal law defines who may issue a stablecoin, how it must be backed and which federal or state regulator must oversee it.

After years of legal ambiguity, this law is a watershed moment for the crypto industry. It replaces a patchwork of state and federal guidance with enforceable standards for reserve assets, redemption rights, disclosures and custody while clarifying that compliant stablecoins are neither securities nor commodities.

The GENIUS Act is a significant policy victory for the digital asset sector, which has long called for tailored legislation to enable innovation within a well-defined regulatory perimeter. The GENIUS Act sends a strong signal globally that stablecoins are a legitimate financial product