#美国稳定币法案 #US Stablecoin Legislation Updates

US stablecoin legislation has entered a critical phase, with the Senate passing the "GENIUS Act" which aims to impose federal oversight on stablecoin issuers like USDT and USDC, which have a market capitalization exceeding $10 billion. The act requires them to hold sufficient high-quality dollar assets and implement compliance measures such as anti-money laundering regulations. However, some Democratic lawmakers have retracted their support due to concerns over national security and anti-money laundering provisions, leaving the future of the bill uncertain. Meanwhile, the STABLE Act focuses on the "redemption rights" of stablecoins, ensuring that users can exchange at par for dollars while explicitly prohibiting the issuance of algorithmic stablecoins without real backing. If these legislative actions come to fruition, they are likely to reshape the global stablecoin landscape and further strengthen the dollar's influence in the digital asset space.