#USStablecoinBill The U.S. Senate discusses stablecoin regulation — progress and controversies

In May 2025, the U.S. Senate continues to review the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), which aims to create the first federal regulation for stablecoin issuers. The bill has passed through the Senate Banking Committee with bipartisan support but has faced obstacles on its way to a vote in the full Senate.

⚠️ Key provisions of the bill:

• Requirement for mandatory registration of stablecoin issuers at the federal or state level.

• Establishment of requirements for reserves, capital, and liquidity to ensure the stability of stablecoins.

• Introduction of a two-year ban on the issuance of algorithmic stablecoins.

• Mandatory disclosure and reporting to protect consumers.

🔮 Prospects:

Although the bill is intended to provide transparency and stability in the stablecoin sector, political disagreements and concerns about potential impacts on the U.S. financial system may slow its passage.