US Treasury Invites Comments On Stablecoin Law Implementation

The U.S. Treasury Department has opened a second round of public comments on the implementation of the GENIUS Act, the law signed by President Trump in July to regulate payment stablecoins. While not required for enforcement, the Treasury said it is seeking input to strengthen its rulemaking process for stablecoin oversight.

The Act is designed to establish a framework for stablecoin payments across the U.S., with final regulations pending. This second consultation phase highlights the government’s intent to balance innovation with financial stability as stablecoins gain traction in global payments. Stakeholders, including issuers and policymakers, are expected to provide feedback.

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