Stablecoins News, Guides & Analysis

Key Takeaways The GENIUS Act, signed into law on 18 July 2025, is the first comprehensive US federal framework for payment stablecoins. It forces issuers to back every token one-for-one with cash and short-term US Treasuries, publish monthly reserve reports, and run strict anti-money-laundering and sanctions programs. The law is enacted but not yet fully effective: it phases in through 2026 and takes full effect by January 2027 as regulators finish the detailed rules. In This Article Why a US Stablecoin Law Was Coming The GENIUS Act in Plain Terms How the GENIUS Act Became Law What the GENIUS Act Requires Who Must Follow the Rules What the Law Gets Right Open Questions and Limitations GENIUS Act vs the CLARITY Act and MiCA Why the GENIUS Act Matters in 2026 Watch: The GENIUS Act Explained Why a US Stablecoin Law Was Coming Stablecoins move hundreds of billions of dollars every day, yet for years no single US law said who could issue them or what had to sit behind each token.