TechFlow, July 19 — U.S. President Trump officially signed the "Guiding and Establishing National Innovation for U.S. Stablecoins Act," known as the GENIUS Act, at the White House. This marks the first time federal legislation on cryptocurrency regulation has formally taken effect in history.
The Act sets stricter regulatory standards for stablecoins: issuers must maintain 1:1 reserves backed by liquid assets such as U.S. dollars and short-term Treasury securities, and must publicly disclose their reserve composition monthly. From now on, stablecoins are no longer experimental instruments in a gray zone, but will become "official monetary tools" enshrined in U.S. law and backed by the nation.
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