Adds a new paragraph (40C) to section 101 defining the terms "payment stablecoin" and "permitted payment stablecoin issuer" by reference to section 2 of the Act.

Modifies subsection (a) to add an exception to the automatic stay for redemption of payment stablecoins from required payment stablecoin reserves, and amends subsection (d) to add a new paragraph (5) authorizing the court to permit redemption/distributions from reserves if the court finds reserves are available and directing the court to use best efforts to enter a final order to begin distributions within 14 days after the required hearing.

Makes subsection (a) subject to a new subsection (e) and adds subsection (e) giving remaining claims of payment stablecoin holders first priority over other claims to the extent additional reserves would have been required under section 4 of the Act.

Amends subsection 541(b) to add a new paragraph (11) excluding required payment stablecoin reserves (under section 4 of the Act) from property of the estate.

Adds a new subsection (c) providing that the Comptroller of the Currency or a State payment stablecoin regulator shall raise, and shall appear and be heard on, any issue (including customer protection) in a case under this chapter in which the debtor is a permitted payment stablecoin issuer.

Amends section 2(a)(36) of the Investment Company Act of 1940 by adding at the end the following text: '; and "GENIUS Act"'.

Amends section 3(c)(3) of the Investment Company Act of 1940 by inserting text after an existing provision (text to be inserted is not specified in this section excerpt).

Amends the first sentence by inserting a clause covering payment stablecoins issued by a permitted payment stablecoin issuer aggregating $5,000 or less held.

Amends the Investment Company Act of 1940 (15 U.S.C. 80a–1 et seq.) by adding the phrase "GENIUS Act" to section 2(a)(36) (adding "GENIUS Act" to the Act's defined terms).