S. 1582Became Law
GENIUS Act
Plain-English overview
What this bill does
Establishes a federal and state regulatory framework for payment stablecoins, limiting issuance to permitted issuers and setting reserve, disclosure, supervision, and foreign issuer rules
Key points
- Establish payment stablecoin framework
- Require one to one reserves
- Limit issuance to permitted issuers
- Allow qualified foreign issuers
Current status
Where it stands
Status
Became Law
Latest action
2025-07-18 — Became Public Law No: 119-27.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.