#USStablecoinBill In 2025, the U.S. Senate introduced the GENIUS Act, a groundbreaking stablecoin bill emphasizing technological innovation and regulatory clarity. The act mandates that stablecoins be fully backed 1:1 by U.S. dollars or approved liquid assets, ensuring transparency through monthly reserve disclosures and prohibiting rehypothecation. It introduces a dual regulatory framework: issuers with over $10 billion in market capitalization fall under federal oversight, while smaller entities may opt for state regulation, promoting innovation. The bill also enforces strict anti-money laundering and cybersecurity standards, classifying issuers as financial institutions under the Bank Secrecy Act. By banning algorithmic stablecoins and enhancing consumer protections, the GENIUS Act aims to solidify the U.S. dollar’s dominance in the digital asset space.