The global payments landscape witnessed a revolution on July 18, 2025, when Donald Trump signed the GENIUS Act into law. The country with the world’s largest payments settlement market put in place its first comprehensive regulation of the crypto space.
These laws, along with the still-pending Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act, will lay out a clear pathway for ‘Stablecoins’ to become reliably accessible, within and outside the US. ‘Stablecoins’ are cryptocurrencies designed to have a stable and consistent price against the US Dollar (usually, 1:1). Unlike other cryptocurrencies, stablecoins do not suffer volatile price swings – in a bad week, for instance, the same amount of Bitcoin can be sufficient to buy a stuffed toy one day and a refrigerator the next. As a user, such price swings mean that cryptocurrencies become speculative assets held for investments rather than a medium of exchange.