#GENIUS稳定币法案 Bill Core Content:

1. Reserve Transparency: Stablecoins must be backed by an equivalent amount of US dollars or US Treasury bonds, and are subject to external audits and frequent information disclosures to ensure that reserves are real and transparent.

2. Issuance Licensing: Issuers must obtain approval from regulatory agencies and adhere to banking regulatory standards to strengthen user protection mechanisms.

3. Dollarization Standards: The bill proposes uniform requirements for foreign stablecoins entering the US market, which helps to solidify the dollar's dominant position in the international monetary system.