President Donald Trump signed the GENIUS Act into law in July 2025, establishing federal rules for dollar-pegged stablecoins

Policy, personnel, and politics of the Trump White House.

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.