The GENIUS Act in Practice: Key Questions for Stablecoin Regulation

The GENIUS Act of 2025 was a watershed moment in the legal framework for stablecoins, but now implementing regulations are due in July, and many key questions are far from settled. How will the regulation will be carried out, how will systemic risks be addressed, how big a role will banks play in stablecoins, what role will stablecoins assume in the broader payment system, how will yield-bearing arrangements using stablecoins be treated, who will bear the regulatory costs? On March 31, 2026, the Federalist Society's Financial Services Practice Group will convene a panel of leading practitioners, regulators, and policy thinkers to examine these questions and the implementation landscape ahead. Featuring:Hon. Michael S. Barr, Member, Board of Governors of the Federal Reserve SystemHon. Summer Mersinger, Chief Executive Officer, Blockchain AssociationAlex Pollock, Senior Fellow, Mises InstituteGreg Xethalis, General Counsel and Chief Compliance Officer, Multicoin Capital (Moderator) Gary Kalbaugh, Partner, Cahill Gordon & Reindel