July 19, 2025
Congress passes GENIUS Act creating first federal stablecoin framework
Understand federal rules for dollar-pegged stablecoins
July 19, 2025
Understand federal rules for dollar-pegged stablecoins
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The GENIUS Act requires stablecoin issuers to publicly disclose their reserve holdings.
Issuers are required to publicly disclose their reserve compositions on a monthly basis under the GENIUS Act.
What is one potential risk traditional banks highlight regarding the implementation of the GENIUS Act?
Under the GENIUS Act, the SEC retains primary oversight of payment stablecoins.
The GENIUS Act requires stablecoin issuers to hold 100% reserves in liquid assets like cash, Treasury bills, or central bank deposits—stricter than traditional bank reserve requirements.
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