US Treasury-Backed Stablecoins – Milestones
Key milestones and important events in US Treasury-Backed Stablecoins's history.
6
Total Milestones
2022
Earliest
2026
Latest
4 yrs
Span
Showing 6 milestones for US Treasury-Backed Stablecoins
20262 milestones
6
16 Jan 2026
US Treasury Backed Stablecoins Founded
US Treasury Backed Stablecoins was founded and officially launched.
5
1 Jan 2026
Citrea Announces Treasury-Backed Stablecoin ctUSD
Citrea, a Bitcoin ZK-rollup, announced the launch of ctUSD, a native U.S. Treasury-backed stablecoin for the Bitcoin ecosystem, issued by MoonPay.
www.coindesk.com/business/2026/01/15/citrea-unveils-u-s-treasury-backed-stablecoin-for-its-bitcoin-ecosystem20251 milestone
4
1 Mar 2025
GENIUS Act Proposed in U.S. Senate
The GENIUS Act was proposed to create a federal framework for payment stablecoins, mandating 1:1 backing with high-quality liquid assets like short-term T-bills.
20231 milestone
3
1 Mar 2023
USDC Briefly De-pegs
USDC briefly lost its peg following the disclosure of its reserve exposure to the failed Silicon Valley Bank, highlighting risks from the traditional banking system.
20222 milestones
2
1 Jun 2022
NYDFS Issues Stablecoin Guidance
The New York Department of Financial Services (NYDFS) issued landmark guidance for USD-backed stablecoins, establishing rules for reserves, redeemability, and attestations.
www.dfs.ny.gov/industry_guidance/industry_letters/il20220608_issuance_stablecoins1
1 May 2022
Collapse of Algorithmic Stablecoin Terra (UST)
The collapse of the algorithmic stablecoin UST accelerated a 'flight to quality', increasing demand for stablecoins backed by transparent and liquid reserves like U.S. Treasuries.