#USStablecoinBill #USStablecoinBill The U.S. Congress is currently considering two major bills to regulate stablecoins: the STABLE Act and the GENIUS Act.

STABLE Act: This bill proposes strict federal oversight, requiring stablecoin issuers to be insured depository institutions or federally approved nonbanks. It mandates 1:1 reserve backing, monthly reserve disclosures, and imposes a two-year ban on algorithmic stablecoins.