#StablecoinLaw gained prominence after the approval of the GENIUS Act in the USA, sanctioned in July 2025. The law establishes strict requirements for stablecoin issuers, including a 1:1 backing in dollars or Treasury securities, mandatory monthly audits, and transparency mechanisms for issuers with reserves above $10 billion. Advocates claim that the measure strengthens market security, increases the confidence of institutional investors, and creates a clearer regulatory environment for financial innovation. However, critics argue that the legislation favors large players like Circle and Tether, potentially stifling startup innovations and generating systemic risks by linking the crypto sector to the government bond market. The debate centers on balancing innovation with financial stability, while alternative proposals like the STABLE Act are still awaiting analysis in Congress.