🚨 #StablecoinLaw — A Historic Step for Crypto in the U.S.

The GENIUS Act, signed by President Donald Trump, introduces the first-ever federal regulation for stablecoins in the U.S.

Key Highlights:

• 1:1 Reserves: Issuers must fully back tokens with cash or U.S. bonds.

• Audits & Transparency: Regular reserve audits and public disclosures are mandatory.

• Federal Oversight: Consumer protection and compliance under U.S. regulators.

Wall Street Joins the Game:

Major banks like JPMorgan, Citi, Goldman Sachs, Morgan Stanley, and Bank of America are preparing to launch stablecoin products and tokenized deposits.

Retail Giants Entering:

Amazon and Walmart are exploring their own stablecoins to reduce payment fees and compete with Visa/Mastercard.

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Global Context:

Europe (MiCA): The EU fully enforces MiCA rules, requiring licensing, audits, and limiting high-risk tokens. Binance and Coinbase are phasing out USDT, TUSD, and others in favor of MiCA-compliant coins like USDC or EURI.

Asia: Singapore and Hong Kong are advancing licensing frameworks for stablecoin issuers, strengthening DeFi adoption.

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Why It Matters:

• Brings trust and clarity to stablecoins.

• Attracts institutional capital with stronger compliance.

• Positions the U.S. as a leader in global crypto regulation.

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❓ Will stablecoins replace traditional payments in 2025?

Comment below!