BlokchainB

> The law demands that stablecoin issuers who want to serve US individuals must be permitted entities holding 1:1 reserves in US dollars or equivalent liquid assets. They need to publish monthly disclosures detailing those reserves. And they must comply with the Bank Secrecy Act, including full anti-money laundering and know-your-customer requirements.

chaoticalHeavy

The GENIUS Act is now law, and Tether has roughly two years to figure out its US future. The stablecoin giant behind USDT, which commands approximately $187 billion in circulation, faces exclusion from American exchanges by mid-2028 if it can’t satisfy the new regulatory framework’s compliance demands.

Politics_And_Law

[Also here](https://cryptobriefing.com/tether-us-ban-genius-act-2028)
> The GENIUS Act is now law, and Tether has roughly two years to figure out its US future. The stablecoin giant behind USDT, which commands approximately $187 billion in circulation, faces exclusion from American exchanges by mid-2028 if it can’t satisfy the new regulatory framework’s compliance demands.