#美国稳定币法案 Submitted by: Representatives Bryan Steil and French Hill.

• Regulatory Focus: Focus on payment stablecoins, clarifying that they must be used as a means of payment or settlement, denominated in national currency, and conditions such as the issuer's commitment to a fixed amount for exchange.

• Issuer Requirements: Including approved insurance deposit institution subsidiaries, federally certified non-bank payment stablecoin issuers, and state-certified payment stablecoin issuers.

• Reserve Requirements: Issuers must hold reserve assets not less than 100% of the total outstanding stablecoins, such as US dollar cash, Federal Reserve Bank deposits, and short-term U.S. Treasury securities.