An issuer may issue only if it can comply with a lawful order
What the document says“A permitted payment stablecoin issuer may issue payment stablecoins only if the issuer has the technological capability to comply, and will comply, with the terms of any lawful order.”
Subsection (a)(6)(B). Two conditions run together: the technical capability, and the commitment to comply. Under subparagraph (A) the Secretary of the Treasury is to coordinate, to the best of the Secretary's ability, with an issuer before blocking property of a foreign person so that the issuer can effectively block that person's stablecoins, but the Secretary is not required to give notice beforehand. Subparagraph (C) requires the Attorney General and the Secretary to report to two committees on that coordination within one year of enactment.
What the document actually says“A permitted payment stablecoin issuer may issue payment stablecoins only if the issuer has the technological capability to comply, and will comply, with the terms of any lawful order.”
A maker may put out coins only if it can obey a court order. It must have the tools to do it. It must also agree that it will.
An order can tell a maker to freeze or destroy coins. The Treasury tries to warn a maker before it blocks someone. It does not have to.
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