- USD1 stablecoin’s $23M issuance on TRON is the first to occur under the newly enacted U.S. GENIUS Act regulations.
- The GENIUS Act mandates stablecoin issuers maintain 1:1 reserves, provide monthly audits, and enforce strict KYC and AML compliance.
- USD1 remains smaller than USDT and USDC but is recording steady growth in both market capitalization and transaction activity recently.
A third issuance of the USD1 stablecoin on the TRON blockchain has added $23 million to circulation, following recent U.S. legislation.
New Issuance Follows GENIUS Act Implementation
On August 6, 2025, the USD1 stablecoin saw its third minting, according to data shared by @cryptoquant_com on X. This issuance marked the first since the GENIUS Act became law on July 18, 2025. The new legislation introduced the first federal rules for stablecoins in the United States.
The GENIUS Act mandates 1:1 backing of stablecoins with U.S. dollars or Treasury securities. It also requires that only authorized financial institutions can issue them. Monthly public reserve reports and independent audits are now compulsory, alongside KYC and AML checks. Issuers must also maintain the ability to freeze or seize tokens when required by law.
Previous Issuances and Market Context
The USD1 stablecoin had earlier mints on July 5, 2025, and later that same month. Both issuances occurred before the GENIUS Act’s enforcement. The August 6 issuance is therefore the first to comply with the Act’s provisions.
Although USD1 remains smaller than Tether (USDT) and USD Coin (USDC) in market capitalization, its recent growth has been steady. Trading activity and the number of transactions involving USD1 have increased over the past few weeks. This indicates that the stablecoin is gaining traction in certain segments of the market.
Compliance and Market Position
By aligning with the GENIUS Act requirements, USD1’s issuers aim to ensure transparent and regulated operations. The law’s framework seeks to protect holders by ensuring that reserves are verifiable and fully backed.
While USD1’s market size is still modest compared to leading stablecoins, compliance with new federal rules may strengthen its credibility among institutional participants. The addition of $23 million worth of tokens to circulation may further support its role in the growing regulated stablecoin sector.
