#StablecoinLaw

📰 Stablecoin Law Update – July 20, 2025

1. 🖋️ President Trump signed the GENIUS Act, the first U.S. federal law regulating stablecoins.

2. 💰 Stablecoins must be backed 100% by cash or short-term Treasury assets.

3. 🏦 Banks are now authorized to issue payment stablecoins.

4. 📊 Monthly public disclosures and anti-money laundering rules are mandatory.

5. ⚖️ Dual federal and state oversight will regulate stablecoin activities.

6. 🚫 Stablecoins cannot claim federal government backing or legal tender status.

7. 🌍 The law is expected to impact global digital asset markets significantly.

8. 📈 Increased trust and mainstream adoption of stablecoins are anticipated.

This law marks a major milestone in legitimizing digital currencies in the U.S. financial system.