#StablecoinLaw 🧊 #StablecoinLaw
The new GENIUS Act law, signed in the USA, is a historic milestone for the crypto market. Now, companies like JPMorgan, Amazon, Apple, Mastercard, and other financial giants are legally authorized to issue dollar-backed stablecoins under a clear and audited framework.
📈 What changes?
• Stablecoins must have 1:1 backing in dollars or Treasury securities
• Mandatory monthly reports and regular audits
• Permission for traditional companies to issue regulated stablecoins
• Mixed regulation: federal + state control