The GENIUS Act marked a watershed moment as the first sweeping stablecoin regulatory framework in the United States. At its core lie several foundational requirements that reshape how stablecoin issuers operate. Every stablecoin must maintain 100% reserve backing exclusively in highly liquid assets—no shortcuts, no exceptions. Compliance with anti-money laundering and sanctions protocols is non-negotiable, with enforcement teeth built into the framework. Transparency gets real too: issuers face mandatory monthly public disclosures, bringing unprecedented accountability to an asset class historically shrouded in opacity. Perhaps most critically for holders, the act grants stablecoin owners priority creditor status during insolvency proceedings, fundamentally altering risk dynamics and backstopping user confidence in these instruments.