#StablecoinLaw exemplified by the recently enacted U.S. "GENIUS Act," establishes a federal regulatory framework for payment stablecoins. These digital assets are pegged to stable references like the U.S. dollar to minimize price volatility.

Key provisions include mandatory 100% reserve backing with liquid assets (e.g., U.S. dollars, short-term Treasuries), monthly public disclosures of reserve composition, and strict marketing rules to prevent misleading claims (e.g., government backing). The law aims to ensure stability, protect consumers, combat illicit activities, and bolster the U.S. dollar's global reserve status by attracting digital asset activity. It also prohibits members of Congress from profiting from stablecoins.