#StablecoinLaw While stablecoins were sailing in a foggy legal void, America introduced the "GENIUS Act" not as a new restriction but as a compass that outlines the boundaries of fair financial play. This law does not merely regulate the market but imposes a clear identity: no stablecoin unless it is fully backed, licensed, and transparent. There is no room today for anyone issuing a digital dollar without evidence or solid reserves. Moreover, the payment of any interest on these currencies has been completely prohibited, striking a double blow that eliminates the suspicion of usury and prevents new banking encroachment.
What distinguishes this step is not just what has been stipulated, but what follows: the entry of massive institutions like Mastercard and Google into the race, and the transformation of stablecoins from trading instruments to daily payment means. The law serves not only America but sends a message to global markets: anyone wishing to deal with the digital dollar must adhere to American rules of the game. Even foreign platforms will not escape the grip of the law unless they comply with its standards.
This is not just regulation but an announcement of the birth of a new digital financial system… less chaotic, more secure, and perhaps… more submissive to central authority. But it is certainly a step that will not be erased from the path of digital currencies.
