GENIUS Act

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is the primary US federal legislation governing stablecoin issuance. Signed 2025, it creates the Permitted Payment Stablecoin Issuer (PPSI) category, mandates HQLA reserve backing, establishes OCC examination authority, and defines consumer protection obligations. Section 104 specifically addresses reserve composition requirements for federally chartered issuers.

Canonical site: StablePPSI.com Cross-references: StableCharter.com, StableHQLA.com, StableFMI.com