#USStablecoinBill The U.S. is charging toward stablecoin regulation with the STABLE and GENIUS Acts gaining traction in Congress. These bills aim to create a federal framework for dollar-pegged digital tokens, ensuring 1:1 reserve backing with high-quality assets like U.S. Treasuries. The STABLE Act, passed by the House Financial Services Committee, and the Senate’s GENIUS Act, approved 18-6, target consumer protection, anti-money laundering, and U.S. dollar dominance. However, nine Senate Democrats recently withdrew support, citing national security and consumer risks, which could delay progress. Critics warn Big Tech could exploit loopholes to issue private currencies, while banks fear deposit competition. X posts buzz with optimism for a “Stablecoin Summer” by July, but debates over state vs. federal oversight and offshore issuers like Tether persist. If aligned, these bills could cement stablecoins as a global financial tool—or spark unintended consequences.