President Trump signs the GENIUS Act into law.

Regulatory Framework & Innovation - The Genius Act establishes a clear regulatory framework for dollar-backed stablecoins, potentially revolutionizing financial technology [1] - This framework enables ultra-low-cost transactions that settle in seconds, offering privacy, flexibility, and decentralization similar to cash [2] Economic Impact & US Dollar - The Genius Act allows banks and financial institutions to issue crypto assets backed one-to-one with US dollars and treasury bills [3] - Industry anticipates increased demand for US treasuries, potentially lowering interest rates [3] - The Act aims to secure the US dollar's status as the world's reserve currency [3]