#MarketPullback 🔸 What is the U.S. Stablecoin Bill?

"The revolution of the digital dollar starts here!"

🔹The U.S. Stablecoin Bill (in its two versions: GENIUS Act and STABLE Act) is a new legislative initiative introduced by members of the U.S. Senate and House of Representatives. It aims to regulate digital currencies that are tied to the U.S. dollar (such as USDT and USDC) to ensure they are safe and subject to legal oversight.

🔸Why was this law proposed?

"So that the dollar remains king!"

🔹The primary goal of the law is to protect the stability of digital markets and ensure the continued dominance of the U.S. dollar globally. Stablecoins have become widely used in digital transactions, and in the absence of clear regulation, there may be economic risks or even financial threats.

🔸 What does the law stipulate?

"New rules for the game of digital currencies!"

🔹The law calls for the establishment of a clear regulatory framework that includes:

Monitoring entities that issue stablecoins

Ensuring that every stablecoin is actually backed by the dollar

Imposing specific licenses on institutions