Browsing: payment stablecoins

US stablecoin regulations are rapidly evolving as federal agencies move to establish a robust oversight framework in response to the newly enacted GENIUS Act.This legislation marks a significant shift in how stablecoins will be managed, ensuring that digital assets, particularly payment stablecoins, are subject to clear regulatory standards.

Circle has submitted a comment letter to the U.S. Treasury, advocating for a strong framework in the implementation of the GENIUS Act regarding U.S. dollar payment stablecoins. The company emphasizes the importance of establishing a… (via Bpaynews real-time desk)