What are Stablecoins?

Genius Act strengthens the US dollar. With this new law, the United States has introduced its first federal framework to regulate stablecoins—digital currencies backed by real assets like the dollar or gold. Unlike traditional cryptocurrencies, stablecoins offer price stability and are now officially linked to the US financial system.

Signed by Donald Trump, the Genius Act will govern private stablecoin issuers like Circle and Tether, ensuring proper audits and legal oversight. This step aims to boost digital payments, support dollar reserves, and offer a secure alternative in the global financial system.

Is this the future of money?

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