Marketing a product as a payment stablecoin outside the Act carries a fine
To provide for the regulation of payment stablecoins, and for other purposes, section 4, Sec. 4.
Written by .
Marketing a product as a payment stablecoin outside the Act carries a fine
The document says “shall not”Who acts: Department of the TreasuryHow: statuteSec. 4 in the PDF
What the document says
“It shall be unlawful to market a product in the United States as a payment stablecoin unless the product is issued pursuant to this Act.”
Subsection (e)(3). A person who knowingly and willfully participates in a violation may be fined by the Department of the Treasury not more than $500,000 for each violation. Separate acts of noncompliance count as a single violation where they result from a common or substantially overlapping originating cause, or from the same statement or publication. A Federal payment stablecoin regulator that has reason to believe a person knowingly and willfully violated the ban must refer the matter to the Secretary of the Treasury.
What the document actually says
“It shall be unlawful to market a product in the United States as a payment stablecoin unless the product is issued pursuant to this Act.”
That sentence, in plain words
A product may not be sold here under this name. It may use the name only if it was made under this law.
What this is about
The fine can reach five hundred thousand dollars each time. Acts from one cause count as one. So do acts from a single ad.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Guiding and Establishing National Innovation for U.S. Stablecoins Act, Public Law 119-27, sec. 4, 139 Stat. 425 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ27/html/PLAW-119publ27.htm
This page
“Marketing a product as a payment stablecoin outside the Act carries a fine,” Guiding and Establishing National Innovation for U.S. Stablecoins Act, section 4, Sec. 4. Read the Mandate, https://readthemandate.org/guiding-establishing-national-innovation-u-s/proposal/sec04-marketing-penalty/ (retrieved October 10, 2026).
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