The US Stablecoin Bill, also known as the Clarity for Payment Stablecoins Act (H.R. 4766), aims to establish regulatory guidelines for stablecoins in the United States. Key aspects of the bill include ¹:
- *Definition and Scope*: The bill provides clarity on the definition and regulatory treatment of payment stablecoins.
- *Issuer Requirements*: Stablecoin issuers must maintain sufficient reserves to back their coins.
- *Regulatory Oversight*: The bill outlines roles for federal and state regulators in overseeing stablecoin activities.
- *Consumer Protection*: Provisions focus on protecting consumers and maintaining financial stability.
The bill was introduced in the 118th Congress (2023-2024).