According to Jake Chervinsky, Chief Legal Officer at Variant, there are currently no stablecoins that can be considered "GENIUS compliant." This is because the GENIUS Act of 2025, while establishing a broad regulatory framework for stablecoins, does not contain specific rules for compliance. Instead, it delegates the creation of these detailed regulations to government agencies through a lengthy rulemaking process.
This process is a "massive undertaking," and until the final rules are in place, it is impossible to determine if any stablecoin is in full compliance with the new law. The article states that the target date for stablecoin compliance is November 2026, which is 120 days after the final rules are expected to be finalized.
Until then, U.S. stablecoin issuers will continue to operate under older, existing regulatory frameworks. The absence of specific rules from the GENIUS Act highlights the significant time and effort required to fully implement new legislation for the digital asset market.
September 2025, Cryptoniteuae