The core provisions of the regulatory framework for stablecoins in Florida, USA, have officially come into effect

The core provisions of the regulatory framework for stablecoins in Florida, USA, will come into effect on October 1, 2026. According to the Act of Chapter 176 of 2026, the issuer must be licensed or meet the exemption conditions, and maintain at least 1:1 identifiable reserves, including cash, funds in the Federal Reserve account, bank deposits, U.S. treasury bond bonds with a residual maturity of no more than 93 days and government money market funds. The issuer shall publicly disclose the redemption policy, disclose the composition of reserves on a monthly basis, and be audited. When the total issuance of stablecoins paid by state-level issuers reaches $10 billion, they must transfer to the federal regulatory framework or suspend new issuance within 360 days.