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Stablecoins have just found their footing in U.S. law with the passing of the GENIUS Act, providing a crucial framework for compliance, issuing standards, and competitive benefits for domestic issuers. This legislative change marks the shift towards safer and clearer operational guidelines suitable for banks and a new category of nonbank issuers, under special sent strings. While this new era offers clarity, implementing regulations still hold uncertainties. The law, effective no sooner than 2026, offers prospects for steady and innovative stablecoin structures. - @variant
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