The proposed United States GENIUS Act contains statutory provisions requiring stablecoin issuers to maintain technical capabilities to freeze, seize, and burn tokens tied to illicit activity

Cryptocurrencies, blockchains, and the broader on-chain economy.

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.