# Treasury proposes principles for certifying state stablecoin regimes

> Treasury proposed broad principles for deciding when a state payment-stablecoin regulatory regime is substantially similar to the federal GENIUS Act framework.

- URL: https://riadefi.com/regulation/2026-04-03-treasury-genius-state-regime-similarity-principles/
- Posture: Proposal · not in effect
- Authorities: U.S. Department of the Treasury
- Event date: 2026-04-03
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: yes

This entry records a proposal. It does not change the law unless it is adopted.

## What changed

Treasury proposed broad principles for deciding when a state payment-stablecoin regulatory regime is substantially similar to the federal GENIUS Act framework.

## Who it affects

- State-chartered stablecoin issuers, state regulators, custodians, investment advisers, and clients

## What is still open

- Final certification standards, application process, and treatment of existing state regimes

## What it means for an advisor

- Compare state issuer oversight, reserves, redemption, governance, examination, enforcement, and transition provisions with the proposed federal similarity criteria.

## Sources

1. [Treasury proposes principles for certifying state stablecoin regimes](https://www.govinfo.gov/content/pkg/FR-2026-04-03/pdf/2026-06489.pdf) · U.S. Department of the Treasury · 2026-04-03


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.