📢 #StablecoinLaw just became reality!
The U.S. has passed the GENIUS Act—setting the first-ever federal framework for dollar-backed stablecoins. Here's what it means:
🔹 1:1 Fully-backed reserves
Every stablecoin must be backed by liquid assets like USD or Treasury bills, with monthly audits and disclosures .
🔹 New licensing & oversight
Issuers (banks or OCC-approved non‑banks) now require federal/state licenses. Foreign issuers must meet U.S. AML/sanctions standards .
🔹 Consumer safeguards
Stablecoin holders get priority on reserves during bankruptcy, and issuers face strict AML/KYC rules .
🔹 U.S. leadership ambition
The law aims to boost trust and institutional adoption, while strengthening the dollar’s dominance .
✅ Binance is officially #StablecoinLaw–eligible! We’ve already implemented full-reserve custody solutions, rigorous AML/KYC protocols, and regular auditing—positioning us to lead under this new regime.
We want to hear from you—what’s next?
👇 Join the conversation:
How will this reshape DeFi, global payments, or your own usage of stablecoins?