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enacted
US Stablecoin Legislation — GENIUS Act Framework
United States · US Treasury, Federal Reserve · Effective 2025-07-18
US federal framework establishing reserve, audit and licensing requirements for payment stablecoin issuers, with dual federal-state supervision.
Why it matters
Clear stablecoin rules unlock institutional adoption and define which issuers can serve US customers at scale.
Timeline
2025-03-13
Passed Senate Banking Committee
2025-07-18
Signed into law
#stablecoins#banking
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