#USStablecoinBill

The USStablecoinBill refers to two proposed bills in the United States Congress aimed at regulating stablecoins: the STABLE Act and the GENIUS Act.

*Key Features of the STABLE Act:*

- *Transparency and Accountability*: The bill requires stablecoin companies to maintain transparency while protecting consumers and the financial system.

- *Regulatory Framework*: It sets guidelines for dollar-backed tokens and aims to unify stablecoin regulations between the House and Senate.

- *Bipartisan Support*: The bill has gained bipartisan support, with some Democrats and Republicans voting in favor of it.

*Key Features of the GENIUS Act:*

- *Clear Federal Framework*: The GENIUS Act creates a clear federal framework for stablecoins, defining payment stablecoins as digital assets pegged to a fixed monetary value.

- *Reserve Requirements*: Issuers must maintain 1:1 backing with high-quality, liquid assets