The United States has signed the GENIUS Act, ushering in a new era of regulatory clarity for stablecoins.
The legislation, which took effect on July 18, 2025, mandates that U.S.-issued stablecoins must be backed 1:1 by U.S. dollars or low-risk assets. It also establishes a regulatory framework at both the federal and state levels.
The bill has received bipartisan support and is considered a major milestone in legitimizing stablecoins and expanding their commercial use.
