GENIUS Act Definition.
Guiding and Establishing National Innovation for U.S. Stablecoins Act: the first US federal stablecoin law, signed on July 18, 2025. It creates a regulatory status for issuers of payment stablecoins fully backed by liquid reserves (cash, Treasury bills), with monthly disclosure of reserves and a ban on paying interest to holders. It is the US counterpart of MiCA’s stablecoin rules, whose adoption accelerated the entry of banks and payment giants into this market.
See also
Where this term appears
GuidePayments in the USGuideAnti-money laundering in paymentsGuidePayment licenses and authorizations around the worldGuideMigrant remittancesGuidePayment stablecoinsGuideStablecoins and machine-to-machine settlementGuideStablecoins and crypto paymentsCourseStablecoins for payment service providersCourseCorridors and remittances: money that crosses bordersCourseStablecoins for paymentsCourseDigital euro and CBDCs