Genius Act

In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.

The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.

US regulators failed to finalize implementing regulations by the GENIUS Act’s one-year deadline, issuing 10 proposed rules instead.

Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes stablecoin use.

The request from the US agency seeks feedback on how emerging ETF structures and investment strategies should be regulated as issuers roll out increasingly specialized products.

The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider adoption.

A new pilot from Stablecore, Circuit and Curql gives participating US credit unions access to test stablecoin payments and other digital asset services.

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.”

The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins.