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Jack Reed

Sponsor · U.S. Senator for Rhode Island · Democratic

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Senate bill · S. 3907 (119th Congress)

Foreign Stablecoin Transparency Act

Latest action Feb 24, 2026

Summary

AI summary

Amends the GENIUS Act to require foreign payment stablecoin issuers above a certain size threshold to undergo an annual audit comparable to that required of U.S. payment stablecoin issuers.

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Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate

Full history

  1. Feb 24, 2026

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Feb 24, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S653-654)

  3. Feb 24, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S653-654)

  4. Feb 24, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S653-654)

About this record

Summary

The summary was written by AI. It is not an official summary. For more, see How we handle summaries.

Source

From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

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