#USStablecoinBill The US stablecoin bill is a proposed legislation aimed at regulating stablecoins, digital tokens pegged to the US dollar. Two bills are currently under consideration:
- *GENIUS Act*: Introduced in the Senate, this bill requires stablecoin issuers to be licensed and supervised by federal or state regulators. However, it has been criticized for its foreign issuer loophole, which doesn't adequately regulate offshore stablecoin issuers.