The GENIUS Act, signed July 18, 2025, gives stablecoin issuers until July 2028 to meet new federal reserve and disclosure rules or lose US market access.

The delay does not postpone the law’s Jan. 18, 2027 effective date, leaving regulators and stablecoin issuers with a compressed implementation window.

US federal regulators failed to finalize stablecoin rules by the GENIUS Act's July 18, 2026 deadline, leaving issuers in compliance limbo.