#StablecoinLaw

While stablecoins were sailing in a foggy legal void, America introduced the "GENIUS Act" not as a new restriction but as a compass that outlines the boundaries of fair financial play. This law does not merely regulate the market but imposes a clear identity: no stablecoin unless it is fully backed, licensed, and transparent. There is no longer room for anyone issuing a digital dollar without evidence or hard reserve. Moreover, paying any interest on these currencies is completely prohibited, in a double blow that eliminates the suspicion of usury and prevents new banking overreach.

What distinguishes this move is not just what is stipulated, but what it entails: the entry of massive institutions like Mastercard and Google into the race, and the transformation of stablecoins from trading tools to everyday payment means. The law does not serve America alone, but sends a message to global markets: those who wish to deal with the digital dollar must adhere to American rules of the game. Even foreign platforms will not escape the grip of the law unless they comply with its standards.

This is not just regulation; it is an announcement of the birth of a new digital financial system… less chaotic, more secure, and perhaps… more submissive to central authority. But it is certainly a step that will not be erased from the trajectory of digital currencies.