June 2, 2025
Client Alert: The GENIUS Act: A Compliance Roadmap for Stablecoin Issuers in 2025
In April 2025, the Senate Banking Committee voted to advance the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a landmark bill introduced by Senator Bill Hagerty to regulate the $180 billion stablecoin market. With bipartisan support and a full Senate vote expected by Q3 2025, the Act signals the end of regulatory ambiguity for digital assets like USDC, Tether, and Binance USD. Coupled with broader cryptocurrency market reforms under discussion, these changes are reshaping the landscape for issuers, DeFi platforms, and investors.