At RICHT, we understand that stablecoins are revolutionizing the payments and broader financial landscape, offering unprecedented opportunities for innovation, efficiency, and global accessibility. However, navigating the complex legal and regulatory frameworks surrounding stablecoins requires focused legal counsel. That’s where LexoCrypto™ comes in—a dedicated, multidisciplinary practice at the forefront of cryptocurrency, tokenization, NFTs, DeFi, and blockchain law. As part of our practice, we are a stablecoin lawyer helping businesses, developers, and entrepreneurs manage legal risks while seizing the immense opportunities within the stablecoin ecosystem. Whether you’re launching a new stablecoin, integrating stablecoins into your platform, or ensuring compliance with evolving regulations, RICHT is your trusted partner in this dynamic space.
GENIUS Act Federal Stablecoin Law Now in Effect
The regulatory environment for stablecoins has undergone significant changes with the recent passage of the GENIUS Act, which establishes the first comprehensive federal framework for payment stablecoins in the United States. This transformative law introduces mandatory licensing (federal or state), strict 1:1 reserve requirements, independent audits, and enhanced consumer protections for all U.S. stablecoin issuers. Compliance with robust AML/KYC standards and ongoing disclosure obligations is now essential for any business operating in this space.
At RICHT, we are actively assisting clients responding to the GENIUS Act era—whether you’re seeking federal licensure, developing reserve management protocols, or navigating the law’s heightened compliance expectations.
Why Choose RICHT for Stablecoin Legal Services?
With LexoCrypto™, RICHT delivers tailored legal solutions that address the unique challenges of stablecoins. We combine deep knowledge of blockchain technology with a nuanced understanding of financial regulations to provide comprehensive guidance. We stay ahead of regulatory developments to ensure you remain compliant and competitive in a rapidly evolving market.
Our Stablecoin Legal Services
We offer a full suite of services to support every aspect of your stablecoin project:
Stablecoin Collateralization Structuring
- Advising on collateralization models (fiat-backed, crypto-backed, algorithmic).
- Structuring legal frameworks to ensure transparency and investor confidence.
- Drafting agreements and disclosures for collateral custody and reserves.
Money Transmitter Compliance
- Navigating federal and state money transmitter licensing requirements.
- Advising on registration with the Financial Crimes Enforcement Network (FinCEN).
- Ensuring compliance with money transmission laws across multiple jurisdictions.
AML/KYC Compliance
- Designing robust Anti-Money Laundering (AML) and Know Your Customer (KYC) programs tailored to your stablecoin operations.
- Advising on compliance with global AML standards, including FATF guidelines.
- Assisting with ongoing monitoring and reporting obligations to mitigate risks of fraud or illicit activity.
Bank Secrecy Act (BSA) Compliance
- Ensuring adherence to BSA requirements for recordkeeping and reporting transactions exceeding regulatory thresholds.
- Advising on Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
Taxation & Reporting Guidance
- Providing counsel on tax implications for stablecoin issuance, trading, and usage.
- Assisting with reporting requirements for both domestic and international transactions.
Regulatory Advocacy & Representation
- Engaging with regulators such as the SEC, CFTC, FinCEN, and state agencies on your behalf.
- Responding to enforcement actions or inquiries related to your stablecoin project.
Cross-Border Compliance & Global Strategy
- Advising on international regulatory frameworks for stablecoins in key jurisdictions worldwide.
- Structuring operations to comply with cross-border financial regulations while maximizing scalability.
Who Can We Help
- Stablecoin issuers (fiat-backed, crypto-backed, algorithmic).
- Cryptocurrency exchanges are integrating stablecoins into their platforms.
- Financial institutions are exploring the adoption of stablecoins or partnerships.
- Blockchain developers are creating decentralized applications (dApps) utilizing stablecoins.
Stablecoins: Opportunity Meets Complexity
The promise of stablecoins lies in their ability to bridge traditional finance with blockchain technology; however, this promise comes with legal challenges, including regulatory uncertainty and compliance obligations across multiple jurisdictions. At RICHT, our goal is straightforward: to help you navigate this complex legal landscape, allowing you to focus on innovation and growth.
Partner With RICHT
With RICHT’s cutting-edge focus on cryptocurrency law through our LexoCrypto™ practice, you gain more than just legal counsel—you gain a strategic partner committed to helping you thrive in the fast-evolving world of stablecoins.
Contact us today to discover how our stablecoin law services can empower your business to innovate with confidence while maintaining compliance in an ever-evolving regulatory environment.
Legal Developments Re: Stablecoins
- Retailer Stablecoins: The Future of Fintech and Payments:
Major retailers like Walmart and Amazon are exploring issuing their own stablecoins to bypass traditional payment systems and leverage vast customer data, posing a challenge to banks, especially regional lenders. Walmart, actively investing in payment innovations such as instant payments and the OnePay app, sees stablecoins and real-time account-to-account payments as ways to reduce costs and improve the retail experience. Venture capitalists highlight the potential profitability boost retailers could gain by adopting stablecoins, which also promise new business models and enhanced customer convenience. While stablecoins are gaining retail traction globally, banks must pivot to adding value around transactions, focusing on identity and security services as payment margins shrink.
Read More → - Visa’s Crypto Chief Aims to Leverage $2 Trillion Stablecoin Era:
Visa is positioning itself as a major player in the fast-growing stablecoin market, which could reshape global payments by offering faster, cheaper transactions. Under the leadership of Cuy Sheffield, Visa has expanded its stablecoin settlement business, partnered with banks to issue digital tokens, and collaborated with fintechs worldwide. Visa is building a multi-chain, multi-coin infrastructure to support stablecoins backed by fiat currencies, enabling programmable payment solutions and seamless global transfers. The company sees regulatory clarity as key to mainstream adoption and is optimistic about upcoming legislation, such as the GENIUS Act. Visa’s goal is to integrate stablecoins into its existing network smoothly, fueling the future of digital finance. Read More → - SEC staff takes a position on the security status of USD-backed stablecoins: On April 4, 2025, the staff of the SEC’s Division of Corporation Finance (the “Staff”) issued a statement concluding that a narrow class of USD-backed, fully reserved, non-yield-bearing stablecoins (“Covered Stablecoins”) do not involve the offer or sale of “securities” within the meaning of the Securities Act of 1933 or the Securities Exchange Act of 1934. Read More →