#USStablecoinBill
#USStablecoinBill The American Tigris?
"The digital dollar revolution 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 linked 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 objective 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 digital currency game!"
🔹The law calls for establishing a clear regulatory framework that includes:
Monitoring the entities that issue stablecoins
Ensuring that each stablecoin is actually backed by the dollar
Imposing specific licenses on institutions
