Stablecoins could replace credit cards and bank accounts, and the genius law erases the way

Washington, DC – With the blow of a pen, the United States has taken its greatest step to the remodeling of how digital money moves. The newly signed Genius actThe country’s first federal legislation focused on StablecoinsIt establishes the legal and operational framework to take tokens based on blockchain and sticks to everyday economic life.

From payment counters to global money transfers, the law prepares the scenario for a transformation in the payment methods, one that consumers do not notice immediately, but will soon feel in faster transactions, reduced costs and new digital tools of banks and retailers equally.

What are Stablecoins and why are they different now?

Stablecoins They are not his typical cryptocurrency. They are digital tokens that operate in Blockchain networks, the same type of technology that Bitcoin feeds, but unlike Bitcoin, they are designed to maintain a constant value.

Each stablecoin is supported by an equivalent amount of real world assets, more frequently US dollars OA short term Treasury invoicesheld in reserve. This support allows them to stable as stables as USDC (USD currency) either Tether (USDT) To maintain a 1: 1 ratio with the dollar. In summary, a stablecoin is equal to a dollar, always.

This built -in stability makes them practical for payments, unlike speculative investment. And that practicality is exactly what the genius act aims to unlock.

Genius law: a digital dollar infrastructure point

Formally known as the National Innovation Law of National Innovation for the United StatesGenius law represents a rare bipartisan agreement on the regulation of cryptocurrencies. The law:

• Requires full reservation support: Each stable issued must be supported by real assets, without leverage, without fractional reservations.

• Establish the issuer guidelines: Only licensed entities, such as banks or non -bank -qualified, can broadcast Stablecoins.

• Imposes transparency rules and reports: Issuers must send regular audits and reserve revelations.

• Prohibition of deceptive statements: Issuers cannot announce their stable as insured or backed by the federal government by the United States government.

• Apply AML and KYC rules: The protocols against money laundering and customer verification are now mandatory.

President Donald Trump, whose family has the property of ties to World Liberty FinancialA company that recently launched its own Stablecoin, described the law “a plan to bring US innovation to the avant -garde of digital finances while maintaining the dominant dollar.”

$ 30 billion per day and climbing

Even before federal supervision, The use of stablecoin has rapidly accelerated. According to a July 2025 report McKinsey & CompanyThe average volume of daily transactions of Stablecoin has doubled in the last 18 months, now approaching $ 30 billion per day.

Much of this activity has occurred behind the scene, among encryption exchanges, in protocols defined for transfers of cross -border funds. What is changing now is that these digital dollars are moving consumer -oriented transactions: Retail, payroll, remittances and even financial products.

The effect of the genius law is to formalize what was previously happening in legal areas of gray, opening the door so that the stable becomes as common as debit cards or venmo transfers.

Retailers can accept Stablecoins below, but why should I care?

At a glance, the idea of ​​using a stablcoin instead of its visa card may seem useless, especially because most Stablecoins do not offer rewards or protections. But under the surface, economic incentives for merchants are massive.

Payment card networks such as Visa and Mastercard Charge between 2% and 3.5% By transaction, more fixed rates by sliding. These costs are gained profits are often in higher prices for customers.

In contrast, Stablecoin transfers cost less than $ 0.01 and establish themselves in seconds: 24/7, without a bank involved.

“Most consumers do not realize that they are paying the card rates indirectly,” he said Mike HudackCEO of Ling moneyA payment platform that is executed in Stablcoins. “Merchants lose margin in each sale. With Stablecoins, they don’t.”

As more retailers recognize the advantage of costs, you can see discounts to use stablcoinssimilar to how service stations charge less for cash. Main retailers, including Amazon and WalmartAccording to reports, they have considered issuing their own private stables to set customer loyalty and reduce dependence on financial intermediaries.

Banks get involved, but in different terms

Traditional banks are not sitting this. Institutions such as JPMorgan, Bank of Americaand Citigroup They are developing or silently piloting their own versions of Stablecoins or Blockchain paying Rails.

Unlike new cryptocurrency companies, these banks already have regulatory licenses and operate under consumer protection laws. His entrance to space could give Stablecoins a broader seal of legitimacy, while protecting his grass from Fintech interruption.

However, there are key limitations. Stablecoins under the genius law cannot pay interest – Even if they are completely supported. That means that maintaining $ 1,000 in Stablecoins is different from putting that money in a savings account that gains 4% APy.

Also, Stablecoin’s balances are not insured by the FDICWhich means that consumers should evaluate the solvency and transparency of the issuer, as they would with a money market fund or a prepaid debit card.

The micro-transactions and monetization of the creator could finally work

The structure of credit card rates produces Little Practical Dollar Payments. For example, paying 30 cents to read a single article or incline a musician 50 cents often costs more in rates than the value of the transaction.

Stablecoins eliminates that problem. No percentage of rates and transaction costs close to zero, Micro payments become economically feasible.

This could feed a wave of new business models: file newspaper, podcast episodes of the letter, characteristics in the game bought instantly or even fractional tips in online communities. Platforms like Substitution, unknownand Patreón They are already exploring blockchain -based monetization routes.

“Stablecoins allows people to support creators in their own terms, without subscriptions, without friction,” he said Erick McAfeeAn SuperTab Fintech executive. “Level the playing field.”

International money transfers are about to be cheaper and faster

According World Bank Data, the global average cost of sending a cross -border prayer is about 6.62%. That means that sending $ 500 to a family member abroad could cost more than $ 30, and it still takes up to five days to arrive.

With stablecoins, cross -border transactions can be executed In secondsWith costs as low as A fraction of a penny. This is particularly significant for migrant workers and families that depend on remittances as part of their family income.

Companies like Circle, StellarAnd even Visa USDC pilot programs They have been developing corridors between countries that use Stablecoins, without ignoring fast networks and obsolete wire services.

Most users will not even realize that they are using stablcoins

One of the most important aspects of this change is User invisibility. Payment applications and banks are already experiencing with money by giving the Stablecoin networks without requiring the user to maintain or understand Crypto at all.

“You will touch your phone or send money through an application as usual,” said Hudack. “But instead of passing through five banks and three processors, it moves instantly on a block chain, and costs less than a penny.”

This invisible adoption is key to conventional growth. Platforms can update their backend for speed and efficiency, while maintaining a family user interface.

Digital dollars, no dollar replacements

Despite popular erroneous concepts, Stablecoins is not trying to replace the US dollar: they are designed to reflect and modernize it. What they offer is a faster, more programmable and more accessible worldwide moving dollars, without depending on traditional financial infrastructure.

Genius law does not solve all challenges (consumer protections, fraud privacy problems and prevention still needs work, but provides a federal starting pointGiving companies, banks and regulators a shared rules book.

What comes next depends on the speed with which companies and platforms adopt technology, and how well consumers understand the benefits.

But one thing is clear: Stablecoins is no longer just for encryption merchants. With federal rules now, they go to everyday wallets, payment lines, payroll systems and beyond.

Also read: Bitcoin increases to $ 120K as Congress opens the debate on cryptographic and stable laws.