StablecoinGENIUS.com
GENIUS Act Compliance Map
The first federal stablecoin law in U.S. history, signed July 18, 2025. Three agencies are writing the rules right now. This page maps where each GENIUS Act provision fires in the actual transaction architecture — not a legal summary, but the compliance cartography.
Reading the Stage Map
Each row is a GENIUS Act section. Each column is an STP stage — one of eight phases every stablecoin transaction passes through. A lit cell means that provision creates compliance obligations at that stage. §6 (AML/BSA) concentrates at Stages 2–5 — the identity and routing phases. §4 (Reserves) fires at Stages 4, 6, and 7 — where money is committed and moved. §8 (Foreign Issuers) lights up at Stages 1, 2, and 5 — intent, identity, and transport — the points where cross-border exposure is evaluated.
The Rulemaking Window
Three agencies are writing rules simultaneously. The OCC addresses PPSI licensing and reserve attestation. Treasury tackles the state oversight framework and foreign issuer registration — the extraterritorial provisions that affect every non-US stablecoin. The FDIC covers insured depository institutions entering the stablecoin market. All three comment periods close June 2, 2026. Final rules are due July 18, 2026 — one year after signing. Full enforcement begins January 18, 2027.
The window between now and final rules is when the compliance architecture is being decided. Every issuer, custodian, and infrastructure provider integrating stablecoins should be tracking these NPRMs.
Where GENIUS Reaches
§3 (Definitions) and §6 (AML/BSA) are near-universal — they fire on virtually every path. §4 (Reserves) is broad but lighter on DeFi paths where issuers aren't directly in the loop. §8 (Foreign Issuers) concentrates on cross-border paths: CCTP, remittance corridors, wholesale FX, and RWA cross-chain — exactly the paths where US platforms might interact with non-compliant foreign stablecoins. §7 (Interoperability) lights up on paths involving cross-platform transfers and Travel Rule obligations.
The gaps matter as much as the coverage. Pure DeFi paths (Uniswap, Aave, Lido) show minimal GENIUS exposure — §3 and §6 only. This doesn't mean they're unregulated; it means the GENIUS Act's PPSI framework doesn't directly address permissionless protocol interactions. Separate regulatory frameworks (SEC, CFTC) apply there.
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