#USStablecoinBill

The US stablecoin bill, also known as H.R.4766 - Clarity for Payment Stablecoins Act, is currently in the legislative process. Here are some key updates:

- *Introduction*: The bill was introduced in the House of Representatives in July 2024, aiming to provide clarity on payment stablecoins.

- *Committee Review*: It has been referred to the House Committee on Financial Services for review and discussion.

- *Purpose*: The bill seeks to establish a framework for payment stablecoins, providing regulatory clarity and guidelines for issuers and users.

- *Status*: As of now, the bill is still in the committee stage, with no further updates on its progress or potential voting schedule.

It's worth noting that the bill's progress can impact the stablecoin market, and stakeholders are closely watching its development.