PANews reported on March 11 that according to the latest "Guidance and Establishment of U.S. Stablecoin Innovation Act" (GENIUS Act 2025) released by the U.S. Senate, the updated bill specifically expands the "Reciprocity for Payment Stablecoins Issued in Overseas Jurisdictions". The U.S. Secretary of the Treasury is required to reach bilateral agreements with countries with similar stablecoin regulatory frameworks to ensure coordination of reserve requirements, supervision, anti-money laundering and counter-terrorism measures, sanctions compliance standards, liquidity requirements and risk management standards. The reciprocity arrangement must be completed within two years of the bill's entry into force to promote international transactions and enhance interoperability with overseas payment stablecoins denominated in U.S. dollars.

In addition, the bill explicitly excludes licensed payment stablecoin issuers from the scope of "commodities" defined in the Commodity Exchange Act, further clarifying regulatory responsibilities.