Former President Donald Trump has signed the GENIUS Act into law, focusing on the integration of stablecoins to bolster the U.S. dollar's dominance and drive innovation in payment systems. Enacted on July 19, 2025, the legislation aims to incorporate stablecoins into the financial ecosystem, potentially transforming transaction methods and enhancing payment efficiency. This strategic move seeks to reinforce the dollar's global influence amid rising competition from digital currencies.
Trump Enacts GENIUS Act to Strengthen Dollar and Payment Systems
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