#MarketPullback

U.S. Stablecoin Bill:

The U.S. Stablecoin Bill (GENIUS Act and STABLE Act), introduced by members of the Senate and House of Representatives, is a pivotal step toward regulating stablecoins pegged to the U.S. dollar, aimed at fostering financial innovation and ensuring stability in digital markets. The legislation focuses on establishing a regulatory framework that supports the safe trading of digital currencies while maintaining the global dominance of the dollar.