We use cookies. This helps us run our website and give you a better experience. By using our site, you agree to our cookie policy.

NC Wallet News

View all

In crypto we trust

3 things to know about Trump stablecoin law

3 things to know about Trump stablecoin law

First-ever stablecoin law is here! The GENIUS Act — the Guiding and Establishing National Innovation for U.S. Stablecoins Act — was signed by President Trump on July 18, 2025.

It’s not just a big moment for the U.S. — it’s a game-changer for the global crypto ecosystem.

Clear rules and consumer protection

The Act establishes the first comprehensive regulation for dollar‑backed stablecoins issued by companies operating under the USA jurisdiction. From now on, these stablecoin issuers must follow strict national standards, including:

Each stablecoin is backed 1:1 by real money, like U.S. dollars

Reserves are kept separate from company money and can’t be used for loans

Monthly checks and reports

Must follow anti-money laundering rules

The measures are intended to help prevent failures similar to Terra and FTX, as well as build trust in crypto.

Opens the door to mainstream adoption

With clear regulatory pathways, the law makes it easier for fintechs, banks, and payment providers to:

Issue and operate their stablecoins

Integrate tokens into real-world payment systems

Unlock 24/7, global, low-cost transactions

This could bring stablecoins into everyday financial life.

Global signal for innovation

The GENIUS Act is the first standalone crypto law signed by a U.S. president. It marks a historic shift in U.S. policy, embracing digital currencies at the federal level. But its impact goes beyond U.S. borders: it sets a model for other nations to follow and encourages responsible crypto innovation worldwide.

Embrace the latest innovations with NC Wallet! Get into crypto without fees and effort.

Your Wallet

Recently Added

Insights into wrapped crypto
With over 1,000 blockchains worldwide, users benefit from a wide choice of crypto driven by competition. But how to allow customers to switch across networks seamlessly and to explore new horizons? Wrapped crypto is one of the ways to address this issue.
Published:
Token List Update: Take a Look!
Greater crypto freedom for all NC Wallet users! Welcome new tokens and networks for already supported cryptocurrencies: PEPE, UNI, DAI, and LDO on Ethereum, UNI, DAI, LINK, and APE on BNB Smart Chain, and DAI on Polygon. Check out updated possibilities opening within the all-in-one NC Wallet:
Published:
What is Token?
The cryptocurrency world consists of many terms. But by far the word that gets confused the most is token. Are they the same as the crypto coins that we hear so much about? Or is it something completely different? In this article, you will find the answers to all these questions.
Published: