#StablecoinLaw Stablecoin Law Update â July 20, 2025
1. đïž President Trump signed the GENIUS Act, the first U.S. federal law regulating stablecoins.
2. đ° Stablecoins must be backed 100% by cash or short-term Treasury assets.
3. đŠ Banks are now authorized to issue payment stablecoins.
4. đ Monthly public disclosures and anti-money laundering rules are mandatory.
5. âïž Dual federal and state oversight will regulate stablecoin activities.
6. đ« Stablecoins cannot claim federal government backing or legal tender status.
7. đ The law is expected to impact global digital asset markets significantly.
8. đ Increased trust and mainstream adoption of stablecoins are anticipated.
This law marks a major milestone in legitimizing digital currencies in the U.S. financial system.