Delaware Passes a Payment Stablecoin Law

On July 7, 2026, Delaware Governor Matt Meyer signed a package of three bills — the state's biggest financial regulation update in more than 40 years, the State of Delaware's official site reports. "Delaware didn't become the financial capital of America by standing still," Meyer said at the signing ceremony.

The key bill of the three is Senate Bill 19, the Delaware Payment Stablecoins Act: it introduces state licensing and oversight of payment stablecoin issuers, requires one-to-one reserve backing, monthly public attestations and AML compliance — and is directly aligned with the federal GENIUS Act. The other two bills update the state's banking code for digital assets and create a licensing framework for money transmission and virtual currency operators.

Senator Spiros Mantzavinos, a co-author of the package, called it "meaningful guardrails for consumers" in the digital world.

The upshot: Delaware is the legal domicile for more than 60% of Fortune 500 companies, so this law sets a new operational standard not just for local fintechs but, in practice, for the treasuries of most major US corporations incorporated in the state.

None of this should be read as personalized investment advice.