#GENIUS稳定币法案 GENIUS Act Regulations on Stablecoin Technical Standards

Appendix B of the Act details the technical compliance requirements: 1) Must adopt ERC-20 or equivalent standards; 2) Smart contracts must be audited by more than two certification agencies; 3) The freeze function must retain a judicial interface. The most noteworthy is the "Interoperability Clause," which requires all compliant stablecoins to implement cross-chain exchanges with fees not exceeding 0.1%. This will force issuers to upgrade their infrastructure, and the expected cost of technical compliance will account for 15-20% of the total expenditure of the issuers.