GENIUS Act: OCC, FDIC and FinCEN Proposed Stablecoin Rules for 2026–2027

The GENIUS Act became U.S. law on July 18, 2025, and U.S. agencies later released proposed rules between February and April 2026 that would define who can issue "payment stablecoins" and how reserves, audits, and compliance must work. The framework includes a $10 billion market-cap threshold for mandatory federal oversight, while foreign issuers may need Treasury certification to access the U.S. market ahead of January 18, 2027.