The chief executive and chief financial officers must certify the monthly report
To provide for the regulation of payment stablecoins, and for other purposes, section 4, Sec. 4.
Written by .
The chief executive and chief financial officers must certify the monthly report
The document says “shall”Who acts: chief executive officers of permitted payment stablecoin issuers, chief financial officers of permitted payment stablecoin issuersHow: statuteSec. 4 in the PDF
What the document says
“Each month, the Chief Executive Officer and Chief Financial Officer of a permitted payment stablecoin issuer shall submit a certification as to the accuracy of the monthly report”
Subsection (a)(3)(B) and (C). The certification goes to the issuer's primary Federal payment stablecoin regulator, or to its State payment stablecoin regulator where that applies. A person who submits the certification knowing it is false is subject to the same criminal penalties as those set out in section 1350(c) of title 18, United States Code.
What the document actually says
“Each month, the Chief Executive Officer and Chief Financial Officer of a permitted payment stablecoin issuer shall submit a certification as to the accuracy of the monthly report”
That sentence, in plain words
Two top officers must sign off on the report each month. They swear that what it says is right.
What this is about
The signed paper goes to the watchdog for that maker. Signing a false one is a crime. The law points to the penalty another law already sets.
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
“The chief executive and chief financial officers must certify the monthly report,” 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-officer-certification/ (retrieved October 10, 2026).
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