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Where each assessed stablecoin stands under EU MiCA and the U.S. GENIUS Act, sourced from public registers, regulator notices, and issuer disclosures.
MiCA
308 assessed
GENIUS
205 assessed
How To Read Status
MiCA authorized means the issuer holds an in-effect EMI or credit-institution authorization listed on a competent-authority register. Pending, transitional, non-compliant, and out-of-scope retain the existing MiCA editorial meanings.
GENIUS rows are not compliance approvals. They track source-backed public posture such as issuer-announced intent, regulator-sourced applications, or future PPSI approvals once the regime is operational.
GENIUS Regime State
Sources: OCC Bulletin 2026-3, OCC Bulletin 2026-24 reporting forms proposal, FDIC proposed PPSI application procedures, FDIC proposed PPSI requirements and standards, FinCEN and OFAC proposed PPSI AML/CFT rule, Treasury proposed state regime comparability rule, FDIC proposed PPSI requirements and standards (May 2026), NCUA proposed PPSI application procedures, NCUA proposed PPSI requirements and standards (May 2026). Pair this with Screener and Safety Scores for the non-legal risk picture.
It maps assessed stablecoins to public, sourced regulatory facts. MiCA rows cover EU authorization status, EMT/ART token type, competent authority, issuer entity, and register references. GENIUS rows are implementation-watch signals while the U.S. regime is pre-effective.
The GENIUS Act is enacted, but the general regime is not yet effective. Pharos keeps GENIUS rows in an implementation-watch section until the Act is effective or official regulator approvals can be displayed without implying current compliance.
An e-money token (EMT) references a single official currency. An asset-referenced token (ART) references a basket or other value, such as a multi-currency mix or a commodity. ARTs are rare in the tracked set.
No. The tracker is an informational surface with sourced links, not legal advice. Statuses are editorial assignments against public registers, regulator notices, and issuer disclosures, and may lag real-world authorizations or restrictions.
Stablecoin Directory
One row per tracked coin with its assessed regime statuses.
