#USStablecoinBill The U.S. Stablecoin Bill, or GENIUS Act, is proposed legislation designed to regulate digital currencies backed by the U.S. dollar. It sets rules for stablecoin issuers, including holding equivalent cash reserves, banning algorithm-based tokens, and requiring official licenses. Although it started with bipartisan support, disagreements have emerged over financial security measures and political controversies. Advocates believe the bill is vital for protecting consumers and strengthening the U.S. role in the digital finance space.
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