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Stablecoins Are Here to Stay. Who Stands to Gain From Them?

  • On July 18, 2025, President Donald Trump signed the GENIUS Act into law, requiring 100% reserve backing and public disclosures.
  • The GENIUS Act establishes a clear federal framework for payment stablecoins, providing transparency and safeguards while limiting issuance to Permitted Payment Stablecoin Issuers.
  • Following enactment, rulemakers face a 180-day deadline, and the Act achieves full effect by January 18, 2027 or 120 days after final regulations.
  • Following enactment, Bitcoin and Ether surged, and Bank of America and JPMorgan explored stablecoin issuance.
  • In the coming months, adoption is expected to accelerate, and the US action may prompt G20 cooperation on digital currency norms, changing global standards.
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A cowboy state that strikes its own currency, a public crypto backed by the dollar... WYST might well be the gallop of a cold-monetary war made in USA. L'article Wyoming deploys its stablecoin: Towards a confrontation with the US government? appeared first on Cointribune.

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Bitcoin.com broke the news in on Saturday, July 26, 2025.
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