#USStablecoinRegulations #GENIUSBill
๐ #USSTablecoin Regulation is Coming!
๐จ Game-changing legislation for stablecoins is almost here. Hereโs whatโs inside the bill shaking up crypto markets:
๐ Key Provisions:
๐ต 1:1 Backing โ Must hold cash or Treasuries with monthly audits
๐๏ธ Licensed Issuers Only โ State or federal regulation mandatory
โ Ban on Algo-Coins โ No more Terra-LUNA disasters
๐ก๏ธ Consumer Protections โ Instant redemptions, fraud control & bankruptcy priority
โ๏ธ Dual Oversight โ <$10B? State-level; >$10B? Federal regulation
๐ซ Not a Security โ Exempt from SEC/CFTC rules
๐ Legislative Duel:
GENIUS Act (Senate) โ๏ธ Passed committee
STABLE Act (House) ๐๏ธ Under reconciliation
๐๏ธ Target: Finalized by August 2025
๐ฅ Why It Matters:
1. โ Trust boost for payments & DeFi
2. ๐ฅ Up to 70% of stablecoins may fail compliance
3. ๐ง Innovation with safety โ no more risky models
๐ Next Up: Final voting expected this summer โ stablecoin markets may never be the same.