GENIUS Act
Keep stablecoin evidence with the payment
If your business pays in stablecoins, an agent can handle the routine transfers so your team doesn't have to. Issuer status changes, though, and a reviewer will want to know what your system knew when it paid. The record keeps that snapshot, the rule that applied, and the outcome your payment system reported.
When the rules take effect
The GENIUS Act sets a US framework for payment stablecoin issuers, covering reserves, disclosure, supervision, and financial-crime controls. Its general effective date is the earlier of January 18, 2027, or 120 days after the primary federal regulators issue final implementing rules. Treasury's August 2026 proposal points to January 18, 2027.
Read Treasury's implementation update, or see the date alongside others on the regulatory timeline.
Review yesterday's payment with yesterday's facts
The agent pays
A payouts agent sends a marketplace seller's weekly earnings in a dollar stablecoin. It submits the issuer status and the reserve-report reference it had at that moment.
The issuer's status changes
Two weeks later, your screening provider updates the issuer's status. A compliance analyst is asked whether earlier payments were made on good information.
The analyst compares
The record shows the status and reserve reference submitted for that payment, and the rule version that checked them. The analyst compares them with the newer information and decides what needs attention.
What the record keeps
- Issuer context: the reported issuer status and its source, preserved as submitted
- Reserve references: the reserve-report or attestation reference your application supplies
- The decision: the rule version, the outcome, and any reviewer's response
- The payment: the transaction reference and the status your payment system reported
Issuer approval and reserve assurance come from regulators and the issuer's own attestations. VeriProof records how your controls responded to them.
Questions about GENIUS Act evidence
Yes. Report its results and references through your connected workflow, and the policy result and any review sit alongside them.
No. It records the policy decision. Your payment system reports settlement, and that outcome links to the case.