#StablecoinLaw Stablecoins are cryptocurrencies created to maintain a stable value, often pegged to the US dollar. In the US, new laws such as the "GENIUS Act" are being introduced to make them safer.

These laws typically require stablecoin issuers to have enough real money or safe assets (such as US dollars) to back each stablecoin they create. This is called "1:1 backing." They also require regular reporting and audits to ensure transparency. The goal is to protect users, prevent fraud, and increase trust in the crypto world.