In a historic move, President Donald Trump has signed the GENIUS Act, the first major federal crypto law in the U.S., creating a clear legal framework for stablecoins.
🗣️ “This will make America the undisputed leader in digital assets,” Trump declared during the signing, calling the legislation “pure genius.”
🔒 What the GENIUS Act Does:
Allows banks and nonbanks to issue stablecoins fully backed 1:1 by U.S. dollars or Treasuries
Requires monthly audits, full reserve backing, and consumer protections
Bans algorithmic stablecoins and misleading promotions
Aligns federal and state rules for crypto
Gives stablecoin holders priority in bankruptcies
Enforces compliance with the Bank Secrecy Act
🏦 Who's Jumping In?
Ripple, Circle, and World Liberty Financial are already seeking licenses to issue compliant stablecoins like RLUSD and USD1
📊 Key Stats:
Stablecoin market cap: $250B
Forecast by 2028: $2T
RLUSD wallets: 1.3M
USD1 adoption: growing rapidly
ETF inflows: accelerating
🔍 Why This Matters:
✅ America now has a legal path for issuing digital dollars
✅ Institutional interest is increasing
✅ Politics and crypto are merging under formal regulation
💡 Is this the start of a regulated crypto boom—or the politicization of digital finance?
Are you holding RLUSD, or waiting for the next government-backed token?
📌 Follow for daily updates on U.S. crypto law and stablecoin adoption.
#GENIUSAct #TrumpCrypto #StablecoinLaw
