# Study Finds Most Stablecoins Fail GENIUS Act Requirements

> Most U.S. dollar stablecoins don't meet GENIUS Act's reserve rules.
- Title: Study Finds Most Stablecoins Fail GENIUS Act Requirements
- Summary: Most U.S. dollar stablecoins don't meet GENIUS Act's reserve rules. A Bank Policy Institute study shows 97% of dollar stablecoins fail GENIUS Act reserve…
- Keywords: genius act, stablecoins, bank policy institute, reserve asset requirements, usd stablecoins, dollar stablecoins, Pymnts
- Source: Pymnts — https://pymnts.com/news/2026/study-finds-most-stablecoins-fail-genius-act-requirements
- Author: PYMNTS
- Published: 2026-11-06T21:46:39+00:00
- Read time: 1 min
- Topics: genius act, stablecoins, bank policy institute, reserve asset requirements, usd stablecoins, dollar stablecoins, business, finance
## GENIUS Act Reserve Rules
A Bank Policy Institute study shows most dollar stablecoins fail GENIUS Act reserve requirements.
## Only 26% Meet Rules
Only two of the 10 largest dollar stablecoins, representing 26 percent of tokens outstanding, meet GENIUS Act reserve requirements.
## Riskier Stablecoins
Most dollar stablecoins remain outside GENIUS Act framework with riskier reserve portfolios.
## Circle and Paxos Comply
Circle's USDC and Paxos PYUSD meet reserve requirements while World Liberty's USD1 and Ripple USD do not.
## Key takeaway

A Bank Policy Institute study shows 97% of dollar stablecoins fail GENIUS Act reserve requirements, with only 26% of tokens meeting the rules.