Regulatory · July 18, 2025
Trump signs the GENIUS Act, the first U.S. federal stablecoin law
Price at event
$118,026
Today
$73,525
Decline
-38%
On July 18, 2025, President Trump signed the GENIUS Act into law, establishing the first U.S. federal framework for payment stablecoins one day after the House passed it 308-122. The statute mandates 100% reserve backing in cash or short-term Treasuries plus monthly public reserve disclosures, finally giving issuers like Tether and Circle the rulebook they had spent years lobbying for.
⸺ Sources ⸺