Glossary · G
GENIUS Act
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The GENIUS Act is the first U.S. federal law for payment stablecoins. It was signed on July 18, 2025. It requires approved issuers to back every token one-for-one with safe assets, publish reserve reports every month, and pay holders first if they fail. It takes effect 18 months after signing or 120 days after final rules, whichever comes first.