Trump Signs New Stablecoin Law! ⚡ #CryptoRevolution
Officially titled the Guiding and Establishing National Innovation for US Stablecoins Act, the bill creates a sweeping framework for overseeing stablecoins—digital tokens pegged to traditional assets like the U.S. dollar. Passed with bipartisan support, the law establishes licensing standards, reserve requirements, and oversight mechanisms for issuers, while also barring interest-bearing stablecoins and imposing ethics rules on government officials. Seen as a breakthrough by the crypto industry, the act aims to spur innovation while enforcing guardrails for consumer protection. Despite criticism from Democrats over regulatory gaps and Trump’s personal crypto holdings, the White House hailed the measure as essential for preserving U.S. financial dominance. The law will take effect by early 2027, pending final rules from the Treasury and Federal Reserve.