#USStablecoinBill

For now, just a rumor.

The regulation of stablecoins in the United States is advancing, with a focus on the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), currently under discussion in the Senate. This legislation aims to establish a clear regulatory framework for stablecoin issuers, requiring equivalent reserves in liquid assets and prohibiting algorithmic stablecoins.  

However, the bill faces controversies.