According to the GENIUS ACT the treasury is offering a 3-year grace period for ALL USD stablecoins. The Digital Asset Service Provider will at this point, should they not comply with the regulations set forth, they can no longer use “USD” in their stablecoin offering if they are non-compliant.
RLUSD is going the full distance, as Ripple applied for their national charter license.
I’ve provided the architecture structure of the legal model in the last image.