#USStablecoinBill

The US Stablecoin Bill, specifically the STABLE Act and the GENIUS Act, aims to establish a regulatory framework for stablecoins in the United States. Here's what you need to know:

*Key Provisions:*

- *Licensing and Supervision*: The GENIUS Act proposes a federal licensing and supervisory framework for payment stablecoins and their issuers. Issuers must be approved by federal or state regulators to operate.

- *Reserve Requirements*: Stablecoin issuers must maintain 1:1 backing with high-quality liquid assets, such as cash or Treasury bills, to ensure redemption at face value.

- *Consumer Protection*: The bill strengthens user protections through transparency, mandatory disclosures, redemption rights, and fraud prevention.

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