🚨 #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!