🏛️ #USStablecoinBill The U.S. Congress advances with stablecoin regulation 🇺🇸💵

The new stablecoin bill seeks to establish a clear federal framework for issuers like $USDC and $USDT, requiring 1:1 backing, frequent audits, and banking oversight.

📊 This legislation could bring greater institutional confidence to the crypto sector and position the U.S. as a leader in digital financial infrastructure.

⚖️ But it also poses challenges for decentralized and smaller issuers, who may be displaced by stricter regulatory requirements.