🚀 U.S. Stablecoin Bill! 🇺🇸
The U.S. Congress is moving forward with the STABLE Act and the GENIUS Act, two key proposals to regulate dollar-backed stablecoins. These laws aim to:
✅ Establish a clear regulatory framework for issuers.
✅ Ensure 1:1 reserves with high-quality assets.
✅ Protect consumers and promote innovation.
✅ Strengthen the dollar's dominance in the digital ecosystem.
However, there are debates: some warn about money laundering risks and the impact of foreign issuers like Tether. 🧐 What do you think about this regulation? 💬
Note: The information is based on recent reports, but the topic remains under discussion.
