#USStablecoinBill
U.S. Stablecoin Bill Update 🇺🇸💵
Two major bills are in motion:
1. GENIUS Act (Senate) – Requires 1:1 reserves, audits, and licenses. Facing pushback over AML and foreign issuer rules.
2. STABLE Act (House) – Targets U.S. issuers with lighter rules for foreign coins like Tether.
Both are advancing but need alignment. Big moment for U.S. crypto regulation.