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  "domain": "fintech",
  "title": "U.S. stablecoin policy after the 2025 GENIUS Act",
  "entry_type": "wiki_entry",
  "frontmatter": {
    "title": "U.S. stablecoin policy after the 2025 GENIUS Act · enacted framework and 2026 rulemaking",
    "aliases": [
      "treasury-2025-stablecoin",
      "pwg-stablecoin-2025",
      "treasury-stablecoin-framework",
      "federal-state-stablecoin-coordination",
      "tbill-reserve-requirements",
      "stablecoin-redemption-guarantee",
      "run-risk-stablecoin-mitigation",
      "treasury-pwg-digital-asset"
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    "domain": "fintech",
    "type": null,
    "created": "2026-05-25",
    "last_updated": "2026-07-30",
    "last_tended": "2026-07-30",
    "review_by": "2026-11-25",
    "confidence": "confirmed",
    "tags": [
      "fintech",
      "regulatory",
      "usa",
      "2025-reset",
      "treasury",
      "stablecoin",
      "reserves",
      "t-bills",
      "run-risk",
      "dual-track"
    ],
    "status": "active",
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    "note": null,
    "sources": [
      "https://www.congress.gov/bill/119th-congress/senate-bill/1582",
      "https://www.congress.gov/bill/119th-congress/senate-bill/1582/text",
      "https://www.congress.gov/crs-product/IN12553",
      "https://www.whitehouse.gov/briefings-statements/2025/07/the-president-signed-into-law-s-1582/",
      "https://www.occ.treas.gov/news-issuances/news-releases/2026/nr-occ-2026-9.html",
      "https://www.occ.treas.gov/topics/laws-and-regulations/occ-regulations/proposed-issuances/occ-proposed-issuances-2026.html"
    ]
  },
  "summary": "The GENIUS Act (Public Law 119-27) became law on July 18, 2025. It creates a federal-and-state framework for permitted payment-stablecoin issuers, requires at least 1:1 identifiable reserves from a statutory list, requires a public redemption policy and monthly reserve reporting, and establishes rou",
  "headings": [
    "U.S. stablecoin policy after the 2025 GENIUS Act",
    "TL;DR",
    "Wiki route",
    "What is enacted, and what is not",
    "Federal-state dual-track architecture",
    "Reserve composition · T-bill requirement and rationale",
    "Redemption and disclosure · what section 4 actually says",
    "Treasury, OCC and other regulators · distinct jobs",
    "Foreign issuers · comparability, not assumed MRAs",
    "Effective date and rulemaking status"
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