Stablecoins 101
Stablecoins are digital tokens that aim to stay at $1. Some hold dollars and U.S. Treasuries; others use crypto as collateral. Algorithmic versions failed. The safest show their reserves and let you redeem for dollars quickly.
The GENIUS Act — In Plain English
- 1:1 reserves in safe assets.
- Independent audits.
- Federal license for issuers.
- Clear redemption rights for users.
We’ll link the final law text once published in the Federal Register / congress.gov.