#StablecoinLaw PM on Friday, Donald Trump signed the first law in the United States that establishes a federal framework for regulating stablecoins. This is an important step, as no national legislation related to cryptocurrencies has ever reached the final signing stage. We are talking about the "Genius" project (Guiding and Establishing National Innovation for the United States). According to the new law, all stablecoins in the United States must be fully backed by dollars or other liquid assets. Mandatory annual audits are also imposed on issuers with a capital exceeding 50 billion dollars.