GENIUS Stablecoin Compliance Rules Await Regulatory Clarification

Variant’s Chief Legal Officer, Jake Chervinsky, announced on Twitter that no stablecoin is “GENIUS compliant” as the legislation awaits regulatory rulemaking, expected to conclude by 2026.

The absence of GENIUS-compliant stablecoins highlights the pending regulatory landscape, impacting U.S. dollar-pegged stablecoins like USDT, USDC, and DAI, operating under legacy frameworks until November 2026.

GENIUS Act Stablecoin Compliance Set for 2026

No stablecoin currently complies with the GENIUS Act, which only outlines a regulatory framework with details left to regulators. Compliance specifics are under development, with a potential effective date of November 2026.

Stablecoin operations remain unchanged, as GENIUS’s effective date awaits regulatory processes. Issuers will continue under existing frameworks until the anticipated completion of new guidelines.

Jake Chervinsky, Chief Legal Officer, Variant, stated, “There is currently no so-called ‘GENIUS compliant’ stablecoin. The legislation only sets the overall regulatory framework, with implementation details to be determined by regulators through rulemaking. Until those rules are finalized and take effect, stablecoins operate under legacy frameworks—GENIUS isn’t in force yet.”

Stablecoin Market Awaits Regulatory Rulemaking Outcomes

Did you know? The GENIUS Act, leveraging historical precedents in U.S. regulation, aims to create the most comprehensive federal stablecoin framework to date by 2026.

Tether USDt (USDT) maintains a $1.00 price with a market cap of approximately $169.38 billion. Recent movements show a 0.00% change over 24 hours while hovering at -0.02% for the week. Data is sourced from CoinMarketCap, as of September 11, 2025.

The Coincu research team anticipates potential outcomes from GENIUS Act rulemaking, potentially affecting financial operations and regulatory adherence of stablecoin issuers. Key assessments revolve around the Act’s integration into financial product regulation.