{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/genius-act",
 "identifier": "kaal:entity:genius-act",
 "name": "Genius act",
 "termCode": "genius-act",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
 "canonicalForm": "https://wulfkaal.github.io/entities/genius-act.md",
 "sha256": "96968b61a410e5a69fbde66b0678b3f28b53f22ae35f54854a7343768647295d",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "status",
   "value": "derived"
  },
  {
   "@type": "PropertyValue",
   "name": "claim_count",
   "value": 2
  },
  {
   "@type": "PropertyValue",
   "name": "work_count",
   "value": 1
  },
  {
   "@type": "PropertyValue",
   "name": "year_span",
   "value": [
    "2025",
    "2025"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "non_current_claims",
   "value": 0
  }
 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/5454054-004",
   "identifier": "kaal:claim:5454054-004",
   "text": "The GENIUS Act of 2025 is what makes merchant-issued stablecoins viable, because it supplies the enabling conditions of 1:1 reserve backing, audits, and AML compliance.",
   "abstract": "the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025, signed into law in July 2025, enables merchant-issued stablecoins by mandating 1:1 reserve backing, audits, and AML compliance.",
   "citation": "Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054",
   "datePublished": "2025",
   "claim_type": "condition",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "United States",
    "after July 2025"
   ],
   "source_pdf_sha256": "9f53a865e6f0e5424640779df8f9b50923cd7d05649301dd4cc727144749b6e6",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/5454054-040",
   "identifier": "kaal:claim:5454054-040",
   "text": "LER reduces holder churn by 20 to 50 percent, increases merchant throughput through revenue-generating redemptions, and democratizes capital access, all within a risk-lite framework aligned with the GENIUS Act and MiCA.",
   "abstract": "LER reduces holder churn by 20-50%, boosts merchant throughput, and democratizes capital access, aligning with U.S. and EU regulations.",
   "citation": "Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054",
   "datePublished": "2025",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "issuers operating LER within GENIUS Act and MiCA aligned designs"
   ],
   "source_pdf_sha256": "9f53a865e6f0e5424640779df8f9b50923cd7d05649301dd4cc727144749b6e6",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'genius-act'. Derived node: a roster, not an adjudicated definition."
}