The GENIUS Act represents a significant advancement in the regulation of payment stablecoins in the US, establishing a federal framework that ensures regulatory certainty and consumer protection. Circle Internet Financial has already aligned its operations with the principles of the GENIUS Act, as evidenced by its commitment to high regulatory standards, robust anti-money laundering measures, and transparency in reserves backing its USDC stablecoin. The act introduces a federal licensing regime for stablecoin issuers under the oversight of the Office of the Comptroller of the Currency, mandates 1:1 backing of stablecoins with high-quality liquid assets, and enforces cybersecurity and consumer protection standards. Circle, which operates under state and global regulations, aims to obtain a federal charter to further comply with the act, reflecting its dedication to fostering innovation within a clear regulatory framework. The GENIUS Act also emphasizes state-federal coordination, mandates global regulatory harmonization, and reinforces the US's leadership in digital finance, with Circle poised to support and influence the implementation process over the next 18 months.