#USStablecoinBill The Stablecoin Act in the USA, specifically the National Innovation for US Stablecoins Act (GENIUS) and the Stablecoin Transparency and Accountability Act for Better Ledger Economy (STABLE), aims to regulate the stablecoin market through comprehensive guidelines. Here’s what you need to know¹ ² ³:
- *Key Provisions:*
- *Reserve Requirements*: Stablecoin issuers must maintain a 1:1 backing in US dollars or high-quality liquid assets such as treasury bills.
- *Licensing and Oversight*: The Act establishes a federal licensing and oversight system for payment stablecoins and their issuers.