The #USStablecoinBill Notably, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act introduced on February 4, 2025, by Senator Bill Hagerty, aims to regulate stablecoins. It resolves state versus federal oversight debates, ensuring stablecoin issuers are subject to clear rules while fostering innovation. The bill prohibits new SEC accounting requirements like SAB 121, which previously forced firms to record crypto liabilities, and promotes international interoperability with frameworks like the EU’s MiCA. This legislation could legitimize stablecoins like USDC and USDT, enhancing their use in digital payments.

As a crypto community exploring crypto regulations like the EUPrivacyCoinBand this U.S. bill might interest you as it could stabilize the stablecoin market, aligning with your interest in payment solutions. Its focus on interoperability might appeal to you for cross-border transactions.