#StablecoinLaw Stablecoin legislation in the U.S., notably the GENIUS Act of 2025, establishes a federal regulatory framework for dollar-pegged stablecoins, passed by the Senate with bipartisan support. It mandates issuers to be licensed, maintain 1:1 liquid reserves, and comply with anti-money laundering laws. The Act excludes stablecoins from securities classification, fostering mainstream adoption by banks and fintechs. However, critics highlight insufficient consumer protections and potential conflicts of interest, citing President Trump's crypto ventures. The companion STABLE Act, pending in the House, shares similar goals but differs on state vs. federal oversight. Global jurisdictions like the EU and Singapore have stricter frameworks, influencing U.S. policy to balance innovation, stability, and consumer safety.