#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 only regulate the market but imposes a clear identity: no stablecoin unless it is fully backed, licensed, and transparent. There is no room anymore for issuing a digital dollar without evidence or solid reserves. Moreover, it completely prohibits paying any interest on these currencies, in a double blow that eliminates the suspicion of usury and prevents new banking overreach.
What distinguishes this step is not just what is stipulated, but what results from it: the entry of massive institutions like Mastercard and Google into the race, and the transformation of stablecoins from trading tools to everyday payment methods. The law does not only serve America but sends a message to global markets: anyone who wants 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; it is 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.