# The Stablecoin Law Turns One With Its Rules Still Unwritten

A year after the GENIUS Act became law, US regulators have missed deadlines to draft rules, and Tether's USDT faces a two-year window to meet them or lose US platform access.

- Published: 2026-07-20T05:27:14.675Z
- Canonical: https://polylog.news/crypto/2026-07-20/the-stablecoin-law-turns-one-with-its-rules-still-unwritten
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/07/19/the-genius-act-turns-1-state-of-crypto), [CoinDesk](https://www.coindesk.com/news-analysis/2026/07/17/tether-s-usdt-hits-2-year-countdown-threatening-its-position-on-u-s-crypto-platforms)

The GENIUS Act, the United States law that created a federal framework for dollar-pegged stablecoins, reached its first anniversary with much of its rulebook still unfinished. Regulators have not met their statutory deadlines to write the d…

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