President Signs Historic Stablecoin Bill into Law

President Donald Trump signed the GENIUS Act into law on July 18, 2025, at the White House. The legislation provides a major regulatory framework for stablecoins, potentially enhancing the U.S. position in the global financial market.

The GENIUS Act, introduced by President Trump, is now law, marking a critical advancement in U.S. crypto regulation. Leaders from major crypto companies attended the signing ceremony, underscoring its significance. The new legislation requires all regulated stablecoins to be fully backed by U.S. dollars or similar liquid assets. Annual audits become a requirement for stablecoin issuers with over $50 billion market cap.

GENIUS Act Mandates Full Dollar Backing of Stablecoins

The law’s introduction sparks significant changes, increasing legitimacy for stablecoins and encouraging major banks and technology companies to engage with the sector. This development is believed to promote the U.S. as a leader in crypto innovation. President Trump highlighted this sentiment, stating,

Dante Disparte from Circle remarked that dollar-based stablecoins provide new ways of moving money outside traditional banking hours. The passage of the act is viewed as a $50U.S. billion boost to the sector. Bitcoin’s record highs coincide with the bill’s endorsement.

This afternoon, we take a giant step to cement American dominance of global finance and crypto technology as we sign the landmark GENIUS Act into law.

Tether Resilience and Expected U.S. Market Boon

Did you know? The GENIUS Act marks the first comprehensive U.S. stablecoin legislation, following various past failed attempts, and paves the way for increased local investment similar to the EU’s MiCA regulation.

CoinMarketCap reports that Tether USDt (USDT) trades at $1.00, with a market cap of $160.92 billion and a 24-hour trading volume of $178.03 billion, reflecting a 25.96% change. The price remains stable, with minor changes observed over the past three months.

According to the Coincu research team, a growing interest in stablecoins can be expected following this legislation. Historical trends, like those seen with the EU’s MiCA, suggest that regulatory clarity could drive institutional investment, uplifting the U.S. crypto market and securely positioning it in global finance.