What is the GENIUS Act?

It stands for Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, and is known in Arabic as "قانون توجيه وإرساء الابتكار الوطني للعملات المستقرة".

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✅ Key Features and Benefits

It establishes the first official regulatory framework for stablecoins, requiring issuers to hold a 1:1 ratio of low-risk paper assets as reserves, such as dollars or U.S. Treasury bonds.

It mandates monthly disclosures of reserve sizes and quality of financial audits, along with emergency plans for asset repayments in crisis situations.

It imposes strict controls such as prohibiting lending stablecoins for interest, and anti-money laundering requirements (KYC, AML).

It specifies who is authorized to issue stablecoins: banks, licensed institutions, and regulated entities.