America’s First Stablecoin Law Just Landed: What the GENIUS Act Means for Your Money, Your Bank, and Digital Dollars
Quick Read (If You’re In A Hurry) The GENIUS Act—now signed into U.S. law—creates the first nationwide rulebook for dollar‑pegged “payment stablecoins.” It demands full, high‑quality reserves, monthly public reporting, strict marketing rules, and anti‑money‑laundering compliance. Supporters say it could pull stablecoins into everyday payments, strengthen the U.S. dollar, and invite banks and big retailers …