#StablecoinLaw
The term #StablecoinLaw typically refers to emerging legislation and regulatory frameworks surrounding the issuance and use of stablecoins—a type of cryptocurrency designed to maintain a stable value, often pegged to a fiat currency like the U.S. dollar or euro.
Here's a breakdown of what Stablecoin Law generally includes or addresses:
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🔍 What Are Stablecoins?
Stablecoins are digital assets that aim to maintain price stability. Common types include:
Fiat-collateralized (e.g., USDC, USDT)
Crypto-collateralized (e.g., DAI)
Algorithmic (e.g., UST—though many failed)
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⚖️ What Stablecoin Laws Typically Cover
1. Licensing & Registration
Who can issue stablecoins?
Do issuers need a banking license or a special digital asset license?
2. Reserve Requirements
Stablecoin issuers may be required to hold 100% fiat reserves.
Auditing and transparency rules may be enforced.