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Foreign Stablecoin Transparency Act

3/13/2026, 5:04 PM

Summary of Bill S 3907

The bill, titled "A bill to amend the GENIUS Act to require foreign payment stablecoin issuers to undergo an annual audit similar to United States payment stablecoin issuers, and for other purposes," was introduced in the 119th Congress on February 24, 2026.

Current Status of Bill S 3907

Bill S 3907 is currently in the status of Bill Introduced since February 24, 2026. Bill S 3907 was introduced during Congress 119 and was introduced to the Senate on February 24, 2026.  Bill S 3907's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S653-654) as of February 24, 2026

Bipartisan Support of Bill S 3907

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3907

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3907

Foreign Stablecoin Transparency Act
Foreign Stablecoin Transparency Act
A bill to amend the GENIUS Act to require foreign payment stablecoin issuers to undergo an annual audit similar to United States payment stablecoin issuers, and for other purposes.

Comments

Wynter Hood profile image

Wynter Hood

649

22 hours ago

I fully support this bill. It is crucial for foreign stablecoins to be transparent in order to protect our economy and national security. With this legislation, we can ensure that these digital currencies are not being used for illicit activities or to undermine our financial system. In the short term, this bill will bring much-needed accountability to the world of stablecoins and help safeguard our country from potential threats.

Ayleen Gardner profile image

Ayleen Gardner

684

3 days ago

I fully support this bill. It's important for transparency in the stablecoin market. #transparency #supportingchange

Sponsors and Cosponsors of S 3907

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