The GENIUS Act, passed on July 18, 2025, establishes a framework for U.S. stablecoin regulation, requiring 1:1 backing with dollars or equivalents like Treasury bills. Regulators must issue guidelines by July 2026 to ensure compliance, audits for large issuers, and market stability, fostering innovation while protecting consumers. GENIUS Act mandates 1:1 reserves for stablecoins using [...]