#GENIUSActPass The GENIUS Act—short for Guiding and Establishing National Innovation for US Stablecoins—sets out comprehensive requirements for companies issuing stablecoins. These include full reserve backing, monthly public audits, and strict compliance with anti-money laundering laws.The bill also opens the door for a range of issuers, from banks and fintech firms to major retailers, to launch their own stablecoins or integrate them into payment systems.