#USStablecoinBill The US Stablecoin Bill, officially known as the GENIUS Act in the Senate and the STABLE Act in the House, aims to establish a regulatory framework for payment stablecoins. These bills propose licensing requirements for issuers, mandating that stablecoins be backed 1:1 with reserves like cash and short-term Treasuries. They also address consumer protection, anti-money laundering, and the role of state and federal regulators, with some differences in their approaches. Recent opposition from some Senate Democrats has introduced uncertainty to the bill's immediate future. The goal is to provide clarity and security to the stablecoin market while preserving the dollar's prominence in digital finance.