Post
Topic
Board Service Announcements
Re: What is Ybex?
by
ybex.io
on 24/07/2025, 18:45:22 UTC
Trump’s GENIUS Act Becomes Law: What Changes for Stablecoins

The United States has its first nationwide rulebook for dollar‑pegged crypto. President Donald Trump signed the GENIUS Act into law after the House approved it 308–122, cementing a federal framework that forces “payment stablecoin” issuers to hold 100% high‑quality liquid reserves, publish monthly reserve breakdowns, and operate under a new licensing regime.

Legal analysts, markets reporters and the White House itself framed the legislation as a watershed: it aims to professionalize the U.S. stablecoin market, channel billions into short‑term Treasuries, and reinforce the dollar’s dominance—while setting a countdown for tokens that don’t comply.

The five biggest changes at a glance

100% liquid‑reserve rule + monthly public disclosures
Issuers must back tokens 1:1 with cash or short‑term Treasuries and publish the composition monthly, certified by a registered accounting firm.

🔝 Read the full article this link

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