A historic shift just hit U.S. crypto policy: on July 18, 2025, President Trump signed the GENIUS Act, the first federal law defining and regulating stablecoins. It mandates 1:1 reserves in cash or Treasuries, monthly disclosures, and AML oversight. Only approved issuers — U.S. banks, credit unions, or OCC/state‑licensed entities — may issue payment stablecoins, with non‑compliant tokens barred after three years. Proponents praise the boost to transparency, consumer protection, and U.S. dollar dominance, while critics warn it favors Big Tech and raises conflict‑of‑interest concerns. This is a landmark pivot in digital finance. #StablecoinLaw