GENIUS Act Marks Turning Point for Stablecoins

The GENIUS Act, signed into U.S. law July 18, 2025, mandates stablecoins to be backed one‑for‑one with U.S. dollars or low‑risk assets. It introduces dual federal‑state oversight, audits, and transparency rules—aimed squarely at reducing issuance risks. The legislation establishes the first comprehensive U.S. stablecoin regulatory framework, signaling maturity in digital asset legislation.