TLDR
- GENIUS Act public comment period ends October 17, 2025.
- Treasury focuses on AI, blockchain, and digital ID for stablecoin oversight.
- Circle CEO says GENIUS Act shows U.S. leadership in digital finance.
- Stablecoins aim to boost global dollar access and U.S. Treasury demand.
As the United States moves to strengthen its position in global digital finance, the U.S. Treasury is turning to the public for help. A new consultation invites citizens, companies, and developers to weigh in on stablecoin regulations under the recently passed GENIUS Act. With stablecoins gaining wider use and international attention, this feedback could help shape how the U.S. regulates digital currencies and maintains dollar leadership in the digital economy.
US Treasury Requests Public Feedback on Stablecoin Regulation
The U.S. Treasury is asking for public input on new rules under the GENIUS Act. The law is designed to shape how stablecoins are regulated in the country. A public consultation has been launched, allowing individuals, developers, and businesses to send their feedback until October 17, 2025.
The GENIUS Act was passed earlier this year and creates a national framework for companies that issue stablecoins. The law supports the growing use of blockchain, digital identity tools, and APIs to improve security and compliance in financial systems. According to the Treasury’s notice, public comments will guide the development of these tools and their practical use.
Implementing the GENIUS Act is essential to securing American leadership in digital assets.
Stablecoins will expand dollar access for billions across the globe and lead to a surge in demand for U.S. Treasuries, which back stablecoins.
It’s a win-win-win for everyone involved:… https://t.co/p5nRQpBfnw
— Treasury Secretary Scott Bessent (@SecScottBessent) August 18, 2025
The consultation also asks for views on using artificial intelligence and blockchain tracking to detect illegal activity. The department will assess risks, privacy concerns, and potential costs linked to these tools. Comments submitted will be published on regulations.gov for transparency and review.
Officials Say Stablecoin Law Will Boost U.S. Dollar and Treasury Demand
Treasury Secretary Scott Bessent described the GENIUS Act as central to expanding U.S. digital finance leadership. He said stablecoins will make the U.S. dollar more accessible worldwide and increase demand for U.S. Treasuries, which support many stablecoins.
“Stablecoins will expand dollar access for billions across the globe and lead to a surge in demand for U.S. Treasuries,” Bessent posted on social media. He added that the law is a “win-win-win” for users, businesses, and the government.
The new law follows Executive Order 14178 signed by former President Donald Trump. That order allowed the use of cryptocurrencies in retirement plans and supported investment in blockchain-related assets. GENIUS now builds on that framework to create long-term regulatory clarity for stablecoins.
Circle CEO Says GENIUS Act Is a Turning Point
Jeremy Allaire, CEO of Circle, said the GENIUS Act marks a major step in how digital finance will grow in the United States. He said it proves that the U.S. is ready to lead the next phase of digital currency development. Circle is the issuer of the USDC stablecoin, which is widely used in both retail and institutional finance.
Allaire stated, “This is more than financial legislation. It’s a signal that the U.S. is ready to embrace technology innovation that makes the financial system safer, more transparent, and more inclusive.” He praised the work done by policymakers, Circle’s team, and the wider development community.
He also pointed to a report from Semafor calling the GENIUS Act the “starting gun” for digital finance growth. Allaire noted that public-private efforts over many years helped prepare the ground for this law, especially in making stablecoins part of everyday financial systems.
Public Comments Will Shape Final Regulation Framework
The Treasury’s consultation process will decide how stablecoin companies follow the new rules. The government is especially focused on the role of technology in managing risk and making transactions more secure. Feedback from the public will also shape how privacy and data protection are managed.
The department is inviting opinions on costs, technical needs, and enforcement tools under the GENIUS Act. It has stated that the final rules will aim to protect both users and the financial system. All input must be submitted by October 17, and comments will be open to the public on the federal regulation website.
This approach is designed to balance innovation with national interests. The Treasury said that public trust and strong oversight are key to the GENIUS Act’s success.
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