Guiding and Establishing National Innovation for U.S. Stablecoins Act
To provide for the regulation of payment stablecoins, and for other purposes
S. 1582 of the 119th Congress, approved July 18, 2025, enacted as Public Law 119-27 (139 Stat. 419). The text indexed here is the law as enrolled and printed by the Government Publishing Office, in 20 sections.
All 20 sections indexed, holding 139 proposals. Each shows the Act's own words, the section they sit in, and anything that has happened since. This is the law in force, not a proposal for one.
Some digital coins are meant to hold a steady value. This sets rules for who may issue them.
This is a law. Both houses of Congress passed it. It was signed on July 18, 2025. It is in force now.
Its number is Public Law 119-27. It started out as the bill S. 1582.
It has 20 parts. Each part is called a section. Pick one below to see what it says.
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Search the 139 proposals we have taken from Guiding and Establishing National Innovation for U.S. Stablecoins Act by what it actually says.Type a term to look it up, or a question to have it answered
One cell per section, filled once it has been broken into proposals.
All 20 sections indexed. Each section page says what was taken from it and what was not.
One bar per section of the Act. Bar length compares one with another. It is not how much of a section is indexed.
Grouped from each provision's own verb, quoted on its page. A statute that says shall not is making a different demand from one that says may.
Short Title
Section 2Definitions
Section 3Issuance and Treatment of Payment Stablecoins
Section 4Requirements for Issuing Payment Stablecoins
Section 5Approval of Subsidiaries of Insured Depository Institutions and Federal Qualified Payment Stablecoin Issuers
Section 6Supervision and Enforcement with Respect to Federal Qualified Payment Stablecoin Issuers and Subsidiaries of Insured Depository Institutions
Section 7State Qualified Payment Stablecoin Issuers
Section 8Anti-Money Laundering Protections
Section 9Anti-Money Laundering Innovation
Section 10Custody of Payment Stablecoin Reserve and Collateral
Section 11Treatment of Payment Stablecoin Issuers in Insolvency Proceedings
Section 12Interoperability Standards
Section 13Rulemaking
Section 14Study on Non-Payment Stablecoins
Section 15Reports
Section 16Authority of Banking Institutions
Section 17Amendments to Clarify That Payment Stablecoins Are Not Securities or Commodities and Permitted Payment Stablecoin Issuers Are Not Investment Companies
Section 18Exception for Foreign Payment Stablecoin Issuers and Reciprocity for Payment Stablecoins Issued in Overseas Jurisdictions
Section 19Disclosure Relating to Payment Stablecoins
Section 20Effective Date
How the Chapter List Was Built
Section numbers and headings are read from the Government Publishing Office's own text of the enrolled law, not typed. Every quotation on the site is checked against the section it is attributed to before the site will build. The approval line and the legislative history the GPO prints after the last section are held out of the text, so that neither can be quoted as a provision.
The source is the publisher's own PDF. Quotations link to the page they came from. The full document →