#USStablecoinBill The U.S. Senate is debating the GENIUS Act, a new bipartisan bill aimed at regulating stablecoins like USDT and USDC.

Key Highlights:

• Only licensed institutions can issue payment stablecoins

• All stablecoins must be backed 1:1 with USD or U.S. Treasuries

• Federal and state-level regulation options available

• Strict AML & KYC compliance required

Why it matters:

This bill could define how stablecoins operate in the U.S., boost dollar-backed crypto adoption globally, and create clearer rules for crypto firms and traders.

But…

The bill is sparking controversy — with some lawmakers backing out due to ethical and regulatory concerns.

Stablecoin users & builders, stay alert. This could reshape the future of digital dollars.