91 Fed. Reg. 53368 would let only permitted U.S. issuers and certain foreign issuers mint payment stablecoins in the U.S., while platforms selling those coins to people located there would face 2027 and 2028 limits if Treasury keeps its location test
Treasury’s 18 August 2026 proposed rule at 91 Fed. Reg. 53368 (Doc 2026-16796) would implement GENIUS section 3 on issuance …











