#USStablecoinBill
(Stablecoins & GENIUS Act)
On March 18, the U.S. Senate Banking Committee reported a new bill – the GENIUS Act (S. 919).
This bill is aimed at regulating stablecoins, which are a secure form of digital currency.
Stablecoins are used in online payments and investments, and the bill seeks to ensure their safe usage.
With the GENIUS Act, the U.S. financial system would become more stable and transparent.
It’s a major step forward in the world of digital finance.
If the bill is passed, stablecoins will be managed under official legal rules.
