AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.

Summary

The Delaware Payment Stablecoins Act establishes a state‑wide licensing framework for entities that issue payment stablecoins and offers a voluntary registration safe‑harbor for digital‑asset service providers. It aligns Delaware law with the federal GENIUS Act, sets reserve, capital, AML and consumer‑protection standards, and gives the State Bank Commissioner authority to write detailed regulations. The law also bars non‑financial public companies from issuing stablecoins and provides insolvency procedures for issuers.

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