Under the Office of the Comptroller of the Currency's rules, stablecoins issued under the GENIUS Act must be backed by Treasury bills maturing in under 93 days

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.