#USStablecoinBill The US stablecoin bill, officially known as the GENIUS Act (Guiding and Establishing National Innovation for the U.S. Stablecoins Act), aims to establish a federal regulatory framework for payment stablecoins. These are digital assets designed to maintain a stable value, typically pegged to the US dollar. The bill outlines requirements for stablecoin issuers, including holding reserves of high-quality liquid assets like cash, Treasury bills, and insured deposits to back the stablecoins 1:1.
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