GENIUS Act
Government & Politics abbreviation · US Law
| Stands for | Guiding and Establishing National Innovation for U.S. Stablecoins Act |
|---|---|
| Categories | Government & Politics |
GENIUS Act stands for Guiding and Establishing National Innovation for U.S. Stablecoins Act, a US law abbreviation.
First federal framework for payment stablecoins, signed in July 2025, requiring issuers to hold reserves of cash or short-term Treasury securities equal to the coins outstanding, publish monthly reserve reports and obtain federal or state approval.
Example: Under the GENIUS Act, every token must be backed one-to-one by cash or Treasury bills.
Usage notes
President Trump signed it on July 18, 2025 after bipartisan Senate passage. It bars issuers from paying interest on stablecoins and gives coin holders priority in an issuer's bankruptcy. Regulators were given time to write implementing rules before the requirements take full effect.
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