Companies could issue payment stablecoins for the U.S. market only if regulators approve them. Each coin would need full backing by safe assets, and users would get stronger claims on reserves if an issuer fails.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
GENIUS Act is a Senate bill signed into law. The latest recorded action: Became Public Law No: 119-27.
Latest action on S. 1582: Became Public Law No: 119-27.
Who this affects: This bill mainly affects stablecoin issuers, digital asset platforms, banks, credit unions, custodians, and people who use dollar-based stablecoins. Issuers would face approval, reserve, reporting, and anti-money-laundering rules. Platforms would have to check which stablecoins they can offer in the U.S. Users would get clearer protections, but they would also need to understand that these coins are not government money or federally insured bank deposits.
Why this matters: Stablecoin users can lose money if an issuer cannot redeem coins at face value. This bill tries to lower that risk by requiring full backing, public reserve reports, and priority for users if an issuer fails. It also moves payment stablecoins into a banking-style system instead of treating approved coins as securities or commodities. The biggest effects will depend on how regulators write the rules and how many issuers seek approval.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
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Officially: GENIUS Act
Companies could issue payment stablecoins for the U.S. market only if regulators approve them. Each coin would need full backing by safe assets, and users would get stronger claims on reserves if an issuer fails.
Use this page to support, oppose, or ask Congress to amend S.1582. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Signed into law
This bill is now law. You can still tell your representatives how you feel about their vote.
↓ Why your message matters here
This bill is now law — but your representatives still need to know where their constituents stand, especially when similar issues come up next.
Enter your ZIP to see how your senators and member of Congress have voted, sponsored, or spoken on this bill.
The debate
Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
Latest: Became Public Law No: 119-27. (7/18/2025)
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your senators when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to GENIUS Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (became law), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around S.1582, your stance, and the reasons you choose, then lets you edit and send when ready.
