GENIUS Act — US payment stablecoin law

GENIUS Act — US payment stablecoin law — 83% of in-scope requirements covered.

10 requirements · 6 in scope (4 enforced · 2 designed) · 4 out-of-scope (outside KYE™’s authority layer). The 83% is weighted over the in-scope base.

GENIUS Act: requirement → the KYE™ artefact that enforces it

Demo data

You learn: Which requirements KYE™ enforces at runtime and with which artefact. You can: Walk the requirements.

  1. aml-program · enforced

    §4 — A permitted payment stablecoin issuer is a financial institution for Bank Secrecy Act purposes and…

    Audit events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1 · Rule packs: kye:rule-pack:aml-financial-crimes · Constitution: 12 purpose permission

  2. sanctions-screening · enforced

    §4 — Issuer has the technological capability to comply with lawful orders, including to seize, freeze, burn…

    Audit events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1 · Rule packs: kye:rule-pack:aml-financial-crimes · Constitution: 12 purpose permission

  3. recordkeeping · enforced

    §4 — Issuer maintains BSA-grade records of stablecoin transactions and produces them on lawful request

    Audit events: kye.audit.event.v1, kye.evidence.pack.v1 · Constitution: 30 audit worm retention

  4. par · enforced

    §4 — Issuers establish clear, public redemption policies and redeem outstanding payment stablecoins at par on…

    Audit events: kye.evidence.decision_map.v1, kye.purpose.admissibility.v1 · Rule packs: kye:rule-pack:financial-services · Constitution: 12 purpose permission

  5. no-misleading · designed

    §4 — Issuers do not market a payment stablecoin in a way that falsely suggests it is legal tender…

    Audit events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1 · Rule packs: kye:rule-pack:financial-services · Constitution: 12 purpose permission

  6. monthly · designed

    §4 — Issuers publish the monthly composition of reserves, with an examination by a registered public…

    Audit events: kye.compliance.attestation.v1, kye.evidence.pack.v1 · Constitution: 30 audit worm retention, 13 resilience loop

How this widget is built
Demonstrates
KYE™ Compliance Mapping Rail™
Components
  • Framework requirement (clause)
  • Coverage status
  • KYE™ enforcement artefact (event, decision-record field, Evidence Pack™ entry)
Flow
Clause → status → the KYE™ artefact that enforces it, enforced requirements first. Architecture diagram
Used on

Source: Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS Act, Pub. L. 119-27) — the first enacted US federal law governing payment stablecoins and their issuers. Prudential-regulator implementing rulemakings are in process against a July 2026 deadline.

By category

CategoryReqsEnforcedDesignedAdvisoryDeferredCoverage
Issuer authorisation, prudential supervision & charter (federal/state)200000%
Marketing & holder-protection restrictions1010050%
BSA / AML obligations of a permitted payment stablecoin issuer (issuer is a financial institution)33000100%
Reserve backing, redemption at par & monthly disclosure4110075%

Every requirement → the KYE™ artefact that enforces it

IDTitleStatusKYE™ enforcement
genius.auth.permitted-issuer§3–§5 — Only a permitted payment stablecoin issuer (a federal-qualified or state-qualified issuer approved by the relevant prudential regulator) may issue a payment stablecoin in the USout-of-scopeconstitution_refs: constitution/26-COMMERCIAL.md
genius.supervision.examination§5 — Permitted issuers are subject to ongoing prudential supervision, examination and capital/liquidity standards set by the primary federal/state regulatorout-of-scopeconstitution_refs: constitution/26-COMMERCIAL.md
genius.marketing.no-misleading§4 — Issuers do not market a payment stablecoin in a way that falsely suggests it is legal tender, government-issued, or federally insureddesignedaudit_events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1
engines: internal, internal
rule_packs: kye:rule-pack:financial-services
constitution_refs: constitution/12-PURPOSE-PERMISSION.md
genius.bsa.aml-program§4 — A permitted payment stablecoin issuer is a financial institution for Bank Secrecy Act purposes and maintains an effective AML / sanctions-compliance programenforcedaudit_events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1
engines: internal, internal
rule_packs: kye:rule-pack:aml-financial-crimes
constitution_refs: constitution/12-PURPOSE-PERMISSION.md
genius.bsa.sanctions-screening§4 — Issuer has the technological capability to comply with lawful orders, including to seize, freeze, burn, or prevent transfer of stablecoins (sanctions / lawful-order capability)enforcedaudit_events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1
engines: internal, internal
rule_packs: kye:rule-pack:aml-financial-crimes
constitution_refs: constitution/12-PURPOSE-PERMISSION.md
genius.bsa.recordkeeping§4 — Issuer maintains BSA-grade records of stablecoin transactions and produces them on lawful requestenforcedaudit_events: kye.audit.event.v1, kye.evidence.pack.v1
engines: internal, internal
constitution_refs: constitution/30-AUDIT-WORM-RETENTION.md
genius.reserve.1to1§4 — Permitted payment stablecoin issuers maintain reserves backing outstanding stablecoins on at least a 1:1 basis in identified high-quality liquid assetsout-of-scopeconstitution_refs: constitution/26-COMMERCIAL.md
genius.redemption.par§4 — Issuers establish clear, public redemption policies and redeem outstanding payment stablecoins at par on demandenforcedaudit_events: kye.evidence.decision_map.v1, kye.purpose.admissibility.v1
engines: internal, internal
rule_packs: kye:rule-pack:financial-services
constitution_refs: constitution/12-PURPOSE-PERMISSION.md
genius.disclosure.monthly§4 — Issuers publish the monthly composition of reserves, with an examination by a registered public accounting firm, and the CEO/CFO certify the disclosuredesignedaudit_events: kye.compliance.attestation.v1, kye.evidence.pack.v1
engines: internal, internal
constitution_refs: constitution/30-AUDIT-WORM-RETENTION.md, constitution/13-RESILIENCE-LOOP.md
genius.no-yield§4 — Permitted payment stablecoin issuers do not pay interest or yield to holders for merely holding the stablecoinout-of-scopeconstitution_refs: constitution/26-COMMERCIAL.md

Canonical KYE™ surfaces referenced on this page: KYE Protocol™.