For delayed effective date of section, see Effective Date note below.

This chapter, referred to in text, was in the original “this Act”, meaning Pub. L. 119–27, July 18, 2025, 139 Stat. 419, known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act and also as the GENIUS Act, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5901 of this title and Tables.

Section 11, referred to in subsec. (a)(7)(B), means section 11 of Pub. L. 119–27, which enacted sections 5910 and 5911 of this title and amended sections 101, 362, 507, 541, and 1109 of Title 11, Bankruptcy.

The Federal Reserve Act, referred to in subsec. (a)(13), is act Dec. 23, 1913, ch. 6, 38 Stat. 251, which is classified principally to chapter 3 (§ 221 et seq.) of this title. For complete classification of this Act to the Code, see References in Text note set out under section 226 of this title and Tables.

For the effective date of this chapter, referred to in subsec. (c)(4)(A), (7), see Effective Date note set out under section 5901 of this title.

The Home Owners’ Loan Act, referred to in subsec. (g), is act June 13, 1933, ch. 64, 48 Stat. 128, which is classified generally to chapter 12 (§ 1461 et seq.) of this title. For complete classification of this Act to the Code, see Tables.

Section is comprised of section 4 of Pub. L. 119–27. Subsec. (b)(2) of section 4 of Pub. L. 119–27 amended section 1 of this title.

Section effective on the earlier of the date that is 18 months after July 18, 2025, or the date that is 120 days after the date on which the primary Federal payment stablecoin regulators issue any final regulations implementing Pub. L. 119–27, see section 20 of Pub. L. 119–27, set out as a note under section 5901 of this title.