#lagraneg While stable cryptocurrencies were navigating a murky legal void, America introduced the "GENIUS Act" not as a new restriction but as a compass outlining the boundaries of fair financial play. This law does not just regulate the market but imposes a clear identity: no stablecoin unless it is fully backed, licensed, and transparent. There is no room anymore for issuing a digital dollar without evidence or solid reserves. Moreover, the payment of any interest on these currencies is completely banned, in a double blow that eliminates any suspicion of usury and prevents new banking overreach.
What distinguishes this step is not just what is stipulated, but what follows: the entry of massive institutions like Mastercard and Google into the race, and the transformation of stablecoins from trading tools to means of daily payment. The law serves not only America but sends a message to global markets: anyone wishing to deal with the digital dollar must comply with American rules of the game. Even foreign platforms will not escape the law's grip unless they adhere to its standards.
This is not just regulation, but an announcement of the birth of a new digital financial system... less chaotic, more secure, and perhaps... more submissive to central authority. But it is certainly a step that will not be erased from the path of cryptocurrencies.