
The GENIUS Act is Signed into Law: What Banks Need to Know about Payment Stablecoins
On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act”), after it passed both the U.S. Senate by a vote of 68-30 and the U.S. House in a 308-122 vote. The bill creates a …