📜 U.S. Enacts GENIUS Act: Stablecoins Get a Federal Framework 🏛️
What’s Happening?
The GENIUS Act was signed into law on July 18, 2025, creating the first clear federal rules for payment stablecoins
Issuers must hold 1:1 reserves in U.S. dollars or short-term Treasuries and publish monthly attestations
Larger issuers face audited financials and federal oversight; smaller ones may operate under state supervision if they meet standards
Why It Matters:
By mandating full backing and transparency, the law builds trust in digital dollars and paves the way for institutional use—while balancing consumer protection and systemic stability.
What’s Next:
Enforcement begins Q3 2026, with issuers expected to comply soon after
Treasury will issue AML and foreign-issuer guidance within 12 months
Complementary bills on stablecoins and digital assets move through Congress
👇 How do you see this law shaping stablecoin adoption and innovation?