«Genetic Turn: the GENIUS Act stabilizes stablecoins»
Title: GENIUS Act: now stablecoins must be backed 1:1
Summary: On July 18, 2025, the GENIUS Act was passed in the USA — it requires that stablecoins be backed by dollars or low-risk assets, with auditing and transparency .
Why it matters: It creates a foundation for a reliable stablecoin ecosystem and opens the way for broad institutional participation.