Kevin O’Leary Calls Stablecoins Crypto’s Safest Category

Investor Kevin O’Leary has described stablecoins as crypto’s safest category, as U.S. law requires reserves for permitted payment stablecoin issuers and excludes a federal guarantee for those payment stablecoins. The GENIUS Act became law July 18, 2025. It requires permitted payment stablecoin issuers to maintain identifiable reserves at least equal to their outstanding payment stablecoins, a 1:1 ratio. Eligible reserves include U.S. currency and Treasury bills, notes or bonds with maturities of 93 days or less. The requirement applies to permitted payment stablecoin issuers. Other stablecoins may differ in backing and legal treatment. The Act excludes U.S.

Also reported by CoinTurk News.

Source: TokenPost