#StablecoinLaw What is Stablecoin? (A Beginner's Guide)
Stablecoins are currencies that maintain a value of $1 (such as USDT, USDC, BUSD).
They are great for trading and payments — no need to spend 0.00001 BTC for a cup of coffee ☕.
🧾 What is this law about?
The Stablecoin Law is a new regulation in the U.S. aimed at protecting users and cleaning up the market.
✅ Key points:
Only fully backed coins (like USDC) are legal.
Must prove there are real reserves (cash or U.S. bonds).
Stricter regulations on fraud, money laundering, and transparency.
⚠️ Why is this important:
🔐 Safer: No more “fake stablecoins” (like LUNA 💀).
👀 Clearer: You can see what supports your coin.
🧼 Cleaner: Fewer shady coins in the market.
🪙 So which stablecoin should I use?
Choose the best ones — USDC, FDUSD, or other fully backed coins.