... framework: USA: In the United States, a historic step has been taken — President Donald Trump signed the first federal law regulating stablecoins (the GENIUS Act). This act requires 100% reserve backing of issued stablecoins and regular reporting by issuers, providing legal clarity for the industry. After a series of legal defeats (including the Ripple case), the U.S. regulator (SEC) has softened its rhetoric and approved several initiatives. In July, the House of Representatives also passed a separate ...

... the GENIUS Act , which establishes clear requirements for the issuance and backing of stablecoins (coins pegged to official currencies such as Tether (USDT) or USD Coin (USDC)). This law forms the basis for a $250 billion stablecoin market, mandating issuers to maintain full reserves and transparency. Simultaneously, the SEC launched the 'Project Crypto' initiative—a comprehensive reform package aimed at adapting financial rules to crypto assets. The Securities and Exchange Commission is softening ...

... Act**, establishing clear requirements for the issuance and backing of stablecoins (coins pegged to fiat currencies such as Tether (USDT) or USD Coin (USDC)). This law lays the foundation for a stablecoins market valued at about ~$250 billion, requiring issuers to maintain full reserve backing and high transparency. Concurrently, the SEC has launched “**Project Crypto**” – a reform package aimed at adapting financial rules for crypto assets. The regulator is easing its stance: it has been stated ...

... issuance and increased usage of the network. Tether (USDT) – ~$1, the leading stablecoin. USDT is pegged to the US dollar 1:1 and provides high liquidity in the crypto market, remaining the primary tool for capital storage between trades. Tether's issuer is expanding its presence in regulated markets, highlighting the growing demand for reliable "digital dollars" in the digital economy. Binance Coin (BNB) – ~$770. The proprietary token of the largest cryptocurrency exchange, Binance,...

... participants: USA: American authorities have taken a number of historic steps in regulating the crypto sector. President Donald Trump recently signed the first federal law directly regulating stablecoins (referred to as the GENIUS Act ), which requires issuers to maintain 100% reserves for issued stablecoins and undergo regular audits. Following a series of notable legal defeats for the regulator (including the Ripple case against the SEC), the rhetoric of the U.S. Securities and Exchange Commission ...