President Trump signs the GENIUS stablecoin law

Early this morning, President Trump signed the GENIUS bill, giving the green light for banks, traditional finance, and retailers to participate in the issuance and trading of stablecoins - marking the first time the U.S. has a federal law on Crypto.

From now on, stablecoins are no longer a vague experiment but have been officially recognized in U.S. law, becoming an officially backed monetary instrument by the nation.

Trump proudly declares this a major boost for his second term, bringing the U.S. closer to the title of "crypto capital of the world."