Negative
25Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 12 days ago
- Bias Distribution
- 100% Left


US Enacts Landmark Stablecoin Law Integrating Dollar On-Chain
President Donald Trump signed the GENIUS Act into law in July 2025, establishing a clear regulatory framework for stablecoins—digital currencies pegged to the US dollar—aimed at fostering their broader adoption and integration into the financial system. The legislation mandates that stablecoin issuers hold liquid reserves fully backed by high-quality assets, comply with anti-money laundering and know-your-customer standards, and provide consumer protections, thereby reducing risks that previously deterred institutional investors. Treasury Secretary Scott Bessent highlighted that this law will help cement the US dollar's position as the global reserve currency by integrating it onto blockchain technology and expanding access to the US financial system. The Act enjoys bipartisan support and is seen as a major leap forward for US financial technology, with potential to significantly grow the stablecoin market, which is currently valued at over $260 billion and could expand to $2 trillion by 2028. While the GENIUS Act advances stablecoin regulation, other related crypto legislation faces uncertain prospects in Congress amid internal disagreements. This regulatory clarity is expected to enhance trust and usage of stablecoins among banks, retailers, and consumers, positioning the US as a leader in crypto innovation.

- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 12 days ago
- Bias Distribution
- 100% Left
Negative
25Serious
Neutral
Optimistic
Positive
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