The move gives businesses, policymakers, and the public until Oct. 20 to respond to dozens of questions, including how issuers should custody reserves and how U.S. oversight compares to emerging foreign regimes.
The law directs Treasury and other agencies to establish standards for issuers, clarify tax treatment, and enforce anti-money laundering and sanctions compliance.
Treasury officials highlighted that the rules must balance state and federal oversight while building mechanisms to detect illicit finance. The notice follows a separate request for input last month focused on anti-money laundering risks in digital assets.
The public comment period also covers whether additional clarity is needed for reserve asset custody, how prohibitions on issuers should be structured, and how international frameworks should interact with U.S. regulations.
Lawmakers are also advancing a broader market structure bill, the Digital Asset Market Clarity Act, which has cleared the House and is under Senate discussion.
JPMorgan analysts recently cautioned that growth in stablecoins may plateau unless the overall crypto market expands, warning that new entrants could cannibalize one another if demand remains flat.
