#StablecoinLaw United States of America: GENIUS Act

Recent Legislation: As of July 2025, the United States enacted significant legislation on stablecoins known as the American Stablecoin Innovation and Establishment Act of 2025, or the GENIUS Act. This law was passed by both the Senate and the House of Representatives, and signed by President Trump to become effective law.

Key Provisions of the GENIUS Act:

Definition of Stable Payment Coin: The law defines "stable payment coins" as digital assets that are used or designed for payment or settlement, where the issuer is required to convert, redeem, or repurchase them for a fixed cash amount, or confirms that they will maintain a stable value.