#StablecoinLaw Signing by Trump: On July 18, 2025, President Donald Trump officially signed the GENIUS Act—namely the "Guiding and Establishing National Innovation for U.S. Stablecoins Act"—into law as the first legislation in the U.S. specifically regulating stablecoins.

Main content of the regulations:

Establishment of a federal legal framework for stablecoin issuers, requiring a 1:1 backing with liquid assets such as USD and short-term Treasury bonds, as well as monthly audits and reserve disclosures.

Dual licensing: large-scale issuers (≥ US$10 billion) are required to obtain a federal license; smaller ones can operate under a state license but must still comply with federal standards.

Consumer protection, anti-money laundering (AML), and priority payment to coin holders in the event of issuer bankruptcy.

Legislators are prohibited from profiting from stablecoins, but this rule does not apply to the president, who has a personal interest in World Liberty Financial.