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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.
Read the Full Bill
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
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3907
Primary Policy Focus
Finance and Financial SectorAlternate 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
718
1 month 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
756
1 month 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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