#USStablecoinBill US lawmakers are moving closer to passing the first comprehensive stablecoin regulation, with the Senate’s GENIUS Act and the House’s STABLE Act advancing in Congress. The GENIUS Act, approved by the Senate Banking Committee in March 2025, would require payment stablecoins to be fully backed 1:1 by U.S. dollars or high-quality liquid assets and establish federal and state oversight for issuers. The legislation aims to boost consumer protection, foster innovation, and reinforce the dollar’s global dominance. With bipartisan support and White House backing, stablecoin regulation could become law later this year, reshaping the crypto payments landscape.