🚨 GENIUS Act sets two major stablecoin deadlines as June 9 comment window and July 18 rule effective date loom 🚨
The GENIUS Act is now driving the stablecoin calendar, with two deadlines that matter for anyone handling digital dollars: a June 9, 2026 public comment deadline and a July 18, 2026 date for the full rules to take effect. The law creates the first binding U.S. federal framework for payment stablecoins and is already forcing issuers and payment firms to plan around OCC oversight, reserve requirements, and the ban on issuer-paid yield.
🔑 Key points
🔹 The GENIUS Act was signed into U.S. federal law on July 18, 2025, and becomes fully operational on July 18, 2026.
🔹 A public comment window on the joint FinCEN-OFAC anti-money-laundering proposal closes on June 9, 2026.
🔹 The law requires payment stablecoins to be backed 1:1 with cash, insured bank deposits, and short-dated U.S. Treasuries.
🔹 Issuers are barred from paying direct interest to holders, which sits at the center of current policy and market debates.
🔹 Stablecoin issuers above the $10 billion threshold must transition to OCC federal oversight within 360 days or seek an exemption.
🔹 The article says the stablecoin market now exceeds $240 billion, with USDT and USDC still dominating supply.
🔹 It also notes that businesses operating across the U.S. and Europe now have to think about GENIUS Act and MiCA compliance at the same time.
🎯 Bottom line: The stablecoin rulebook is no longer theoretical — the deadlines are real and already forcing compliance decisions.
https://en.spaziocrypto.com/stablecoins/genius-act-stablecoin-deadlines-june-july-2026/