#StablecoinLaw Approval of the GENIUS Act to Enhance Trust and Expand Adoption of Stablecoins

On July 18, 2025, President Trump signed the GENIUS Act, which is the first comprehensive legal framework governing the operation of stablecoins linked to the US dollar.

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🧾 Key Content of the Law:

Legal Framework Endorsement: The law mandates that every stablecoin be backed 1:1 by liquid assets such as dollars or treasury bills, with a requirement for a public monthly review of deposits and reserves.

Dual Oversight: The oversight of the CFTC over the market is expanded, while the CLARITY Act aims to define the jurisdictions of the SEC and CFTC – as for the Central Bank Digital Currency (CBDC), it is prohibited under the “Anti‑CBDC Surveillance State Act” plan.