standards
The US GENIUS Act becomes Public Law 119-27
A federal payment-stablecoin statute, not an on-switch for agent commerce.
On 18 July 2025 S.1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act, became Public Law 119-27. Enactment is not the same as the later effective date for issuer obligations, which the statute ties to eighteen months after enactment or 120 days after final implementing rules, whichever is earlier.
Why it matters
Machine-payment rails that settle in USDC inherit issuer, reserve and supervisory risk. Covering x402 without covering the stablecoin statute is incomplete.
Source: Congress.gov