Historical U.S. Passes Genius Law Stablecoin 1 Coin = 1 USD for Payments

Historical U.S. Passes Genius Law Stablecoin 1 Coin = 1 USD for Payments 

What is a Stablecoin?

A stablecoin is a type of cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the U.S. dollar (1 stablecoin = 1 USD), a commodity (e.g., gold), or other assets. 

Unlike volatile cryptocurrencies like Bitcoin, stablecoins aim to minimize price fluctuations, making them suitable for payments, savings, and financial applications.

Key Features:

Pegged Value: Most stablecoins are tied to the dollar to ensure 1:1 redeemability.

Backing: 

Supported by reserves (cash, bonds, or other assets) or algorithms to maintain stability.

Use Cases: 

Payments, remittances, decentralized finance (DeFi), trading, and wealth preservation.

Why 1 Stablecoin = 1 Dollar?

The GENIUS Act requires stablecoins to be backed 1:1 by safe assets, so you can always exchange 1 stablecoin for $1. 

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Explained History Timeline of Stablecoins and future

Explained  History Timeline of Stablecoins and future 

Stablecoins emerged as a solution to cryptocurrency volatility, with their history marked by technological innovation, market growth, and regulatory evolution. 

Below is a detailed timeline of key events and innovations up to July 2025.

What Are Stablecoins?

Stablecoins are cryptocurrencies designed to keep a stable value, usually equal to 1 U.S. dollar (1 stablecoin = $1). 

They’re backed by assets like cash or bonds (fiat-backed) or managed by algorithms to avoid price swings, unlike other cryptocurrencies. 

They’re used for payments, trading, and digital transactions, and are traded on crypto exchanges, not stock markets.

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Daily horoscopes for 22 July 2025

Here are the daily horoscopes for each zodiac sign for 22 july 2025

♈ Aries (Mar 21 – Apr 19)

- Momentum builds fast—your energy is magnetic.

- Quick decisions bring success, but double-check details.

- Leadership shines in group settings.

- Financial clarity improves with bold choices.

- A friend may challenge your views—stay open.

- Health feels strong, but avoid overexertion.

- Romantic misunderstandings can be smoothed over.

- A new idea sparks long-term potential.

- Trust your instincts—they’re razor-sharp today.

- Lucky color: Black  Lucky number: 15

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Lyrics Aadmi Jo Kehta Hai with English translation Meaning

Song: Aadmi Jo Kehta Hai

Lyricist: Anand Bakshi

Music by Laxmikant–Pyarelal

Singer -  Kishore Kumar

Movie: Majboor 

Directed by Ravi Tandon

Written by Salim-Javed

Produced by Premji

Actors - Amitabh Bachchan, Parveen Babi, Pran, Satyen Kappu, Iftekhar, Jagdish Raj, Farida Jalal, Sulochana Latkar, Mac Mohan

Release Date - 6 December 1974

Lyrics with English Trasnlation Meaning of Song Aadmi Jo Kehta Hai from Majboor  

कभी सोचता हूँ के मैं कुछ कहूँ  

Sometimes I think I should say something  

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