Six US Agencies Must Finalize GENIUS Act Rules by July 18

Six US federal agencies — the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Treasury, FinCEN, and OFAC — must finalize GENIUS Act rules by July 18, 2026: exactly one year after the payment stablecoin law itself was signed, stablecoininsider.org reports. All major public comment periods on the proposed rules closed by June 9.

Some specifics are already known: the OCC has proposed a $5 million minimum capital floor for new stablecoin issuers seeking federal approval, plus a three-tier liquidity framework — at least 10% of reserves must be available for same-day redemption, another 30% in highly liquid assets redeemable within five business days, and the remaining 60% in standard reserve assets.

The upshot: for stablecoin holders, digital-fund investors, and fintech companies, these rules will determine who can legally issue stablecoins in the US at all, how much capital that requires, and how fast holders can pull their money in a crisis — and because the deadline comes directly from an act of Congress rather than an internal regulator recommendation, it can't be pushed back without new legislation.

None of this should be read as personalized investment advice.