#StablecoinLaw

Stablecoin law refers to the evolving legal frameworks governing stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar. Globally, regulators are working to ensure transparency, consumer protection, and financial stability. In the U.S., proposed bills like the Clarity for Payment Stablecoins Act aim to require 1:1 reserve backing and oversight by federal or state regulators. The EU’s MiCA regulation categorizes stablecoins as e-money or asset-referenced tokens, imposing strict rules on issuance and operation. Other countries, like Japan and Singapore, have also introduced stablecoin regulations to mitigate risks while supporting innovation in digital finance and cross-border payments.