#USStablecoinBill

The proposed U.S. Stablecoin Bill seeks to establish a regulatory framework for stablecoins—digital assets pegged to fiat currencies like the U.S. dollar. The legislation aims to bring oversight, clarity, and consumer protection to the fast-growing sector, which currently operates in a legal gray area. Under the bill, stablecoin issuers would need to be licensed, meet capital and liquidity requirements, and hold 1:1 reserves. The legislation is backed by bipartisan lawmakers and supported by some in the crypto industry, who see it as a necessary step for mainstream adoption. However, critics warn it may stifle innovation and concentrate power among a few regulated players. The bill reflects growing urgency to integrate stablecoins into the U.S. financial system safely.