The GENIUS Act, signed into law on July 18, 2025, establishes a comprehensive framework for the regulation of dollar-backed stablecoins in the U.S.
This legislation outlines who is authorized to issue payment stablecoins and specifies the backing requirements that must be met.
As the landscape of digital currencies continues to evolve, the GENIUS Act seeks to provide clarity and security for both issuers and users of stablecoins.