#StablecoinLaw U.S. Passes Historic Stablecoin Law – Game Changer for Crypto? 💵
The U.S. just approved the GENIUS Act, a bold move to bring stablecoins under clear federal rules! 🇺🇸✅
It’s now with the President for final approval — and could reshape digital finance forever.
Here’s what’s changing:
🔐 Only federally approved institutions can issue USD stablecoins
📊 Must keep 1:1 reserves, monthly audits & full Fed oversight
🛑 Algorithmic coins & non-USD stablecoins? Not allowed
🗺️ A single nationwide rule, no more state-by-state confusion