#StablecoinLaw The term **#StablecoinLaw** refers to legislative and regulatory frameworks governing the issuance, management, and use of **stablecoins**—a type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset like fiat currency (e.g., USD, EUR) or commodities (e.g., gold).

### **Key Aspects of Stablecoin Regulation**

1. **Legal Classification**

- Whether stablecoins are treated as **securities, payment instruments, or commodities** (varies by jurisdiction).

- Example: The U.S. SEC may consider some stablecoins securities, while the CFTC views them as commodities.

2. **Reserve Requirements & Transparency**

- Mandating **full backing** (1:1 reserves) or allowing fractional reserves.

- Regular **audits** and **disclosures** (e.g., USDC’