#GENIUS稳定币法案 Consumer Protection Breakthrough: Milestone Provisions of the GENIUS Act

Chapter 4 of the Act establishes the "Stablecoin Consumer Rights Act" with innovative provisions: requiring issuers to provide real-time on-chain reserve verification tools, allowing users to check collateral status at any time; ensuring redemption at a 1:1 ratio within 48 hours; and establishing a "Stablecoin Investor Compensation Fund" (industry contributes 0.2% based on issuance scale). The most deterrent is Article 417, which stipulates that executives who deliberately falsify reserves will face up to 25 years in prison and personal asset forfeiture. At the same time, issuers are required to purchase third-party insurance, covering at least 30% of the circulation. These measures will significantly enhance the security of user funds.