#StablecoinLaw The GENIUS Act, signed into U.S. law on July 18, 2025, is the first major federal regulation for stablecoins—digital currencies tied to assets like the U.S. dollar. It mandates that only approved issuers can create stablecoins, which must be backed 1:1 by cash or short-term Treasury bills. Issuers are required to disclose reserves monthly and follow strict anti-money laundering rules. The law prohibits misleading claims about government backing and ensures both federal and state oversight. This regulation aims to boost trust in stablecoins, encouraging their use in everyday payments and strengthening the U.S. position in the global crypto market.