Trump Signs Historic National Innovation Stablecoin Act, Cementing USDT as Official Monetary Tool
2025-07-19 00:12:09
Main Idea
President Trump signed the National Innovation Stablecoin Act, officially recognizing stablecoins as a monetary instrument and requiring 1:1 reserve backing with liquid assets.
Key Points
1. The National Innovation Stablecoin Act was signed into law by President Trump on July 19.
2. The Act mandates 1:1 reserve backing for stablecoins with liquid assets, including US dollars.
3. This legislation transitions stablecoins from an ambiguous regulatory status to an officially recognized monetary instrument.
Description
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