#USStablecoinBill 🔥 **Key updates on the US Stablecoin Bill until May 5, 2025** 🔥
1️⃣ **"GENIUS Act" project** is at a critical stage in the Senate, but it faces surprising opposition from 9 Democrats due to concerns related to **anti-money laundering** and financial system protection.
2️⃣ **Basic requirements**: The law stipulates that stablecoins must be backed 1:1 by dollars or liquid assets (like Treasury bills), with monthly transparency about reserves.