10 November 2025 | Monday | News
Picture Courtesy | Public Domain
BitRail, a regulated digital payment infrastructure provider, announced that its operational model already satisfies (and in many cases exceeds) the compliance standards outlined in the newly proposed GENIUS Act (Guaranteed Electronic Network for Integrity of U.S. Stablecoins).
The GENIUS Act establishes federal standards for stablecoin transparency, reserve management, and redemption rights. It requires 1:1 fiat reserve backing, segregated custody and guaranteed redemption within 24 hours which are all fundamental principles built into BitRail's platform from inception.
"BitRail was built from the ground up around transparency, accountability, and consumer protection," said Jeff Siegel, CEO of BitRail. "The GENIUS Act validates the framework we've championed for years which is regulated, fully backed digital currencies that bring trust and stability to the evolving world of payments."
Fintech Business Asia, a business of FinTech Business Review
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