Blockchain associations partner to bridge state, federal stablecoin policies

The North American Blockchain Association (NABA) and the Blockchain Association (BA) are launching a strategic alliance to bridge state and federal stablecoin policy coordination.

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The partnership will focus on ensuring that state policymakers understand the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS, Act, and can effectively develop supporting state-level regulations.

This is the first formal collaboration between NABA, the leading coordinator of state-level blockchain policy efforts, and the BA, the leading federal blockchain advocacy organization.

“This partnership fills a vital gap in our policy ecosystem by connecting state-level implementation with federal innovation frameworks,” Jessi Goostree, executive director of the North American Blockchain Association, said. “NABA represents the collective voice of states, territories, and provinces working to advance coherent blockchain policies. Partnering with the Blockchain Association ensures our state-level constituents have direct access to federal policy expertise as they navigate this new regulatory landscape.”

With the GENIUS Act establishing federal stablecoin regulations, both organizations recognize the importance of equipping state officials and regulators with a thorough understanding of federal requirements as they develop state policies. The partnership will focus on preventing conflicting regulatory approaches that could fragment the national stablecoin framework.

“The GENIUS Act represents a landmark opportunity to modernize U.S. payment infrastructure through innovation, with both federal and state regulators playing important roles in the Act’s implementation,” Michael Postupak, policy engagement manager at the Blockchain Association, said. “Through this partnership, we’re ensuring that state policymakers have the tools, knowledge, and federal context they need to unlock the full promise of stablecoin technology for their state economy, in addition to consumers and businesses alike.”

The two organizations will work to develop targeted educational initiatives for state officials, coordinate policy messaging between state and federal levels, and facilitate knowledge sharing to promote consistent regulatory approaches nationwide.