#StablecoinLaw
đš Trump Signs Stablecoin Law â Big Shift for Crypto! đșđžđ”
President Trump has officially signed the GENIUS Act, marking the first major U.S. law regulating stablecoins like USDT and USDC. Issuers must now hold 1:1 reserves and follow strict audits. This move could reshape DeFi, P2P trading, and Binance operations globally. Trump says itâs a step toward making the U.S. the âcrypto capital of the world.â While markets pumped, critics warn of risks and conflicts of interest.
đš Trump Signs Stablecoin Law â Big Shift for Crypto! đșđžđ”
President Trump has officially signed the GENIUS Act, marking the first major U.S. law regulating stablecoins like USDT and USDC. Issuers must now hold 1:1 reserves and follow strict audits. This move could reshape DeFi, P2P trading, and Binance operations globally. Trump says itâs a step toward making the U.S. the âcrypto capital of the world.â While markets pumped, critics warn of risks and conflicts of interest.