#StablecoinLaw The US government is establishing a regulatory framework for stablecoins through two bills: the STABLE Act and the GENIUS Act. Key aspects include ¹ ²:

- *Reserve Requirements*: Stablecoin issuers must maintain 1:1 reserve backing with assets like US currency, bank deposits, Treasury securities, or repurchase agreements.

- *Regulatory Oversight*: The Federal Reserve, OCC, and state regulators will supervise stablecoin issuers, with the SEC and CFTC regulating asset-backed tokens.

- *Anti-Money Laundering (AML)*: Stablecoin issuers must comply with AML and Bank Secrecy Act requirements, including customer due diligence and suspicious activity reporting.

- *Insolvency Priority*: Stablecoin holders will have priority claims over other creditors in case of issuer insolvency.

- *Effective Date*: The GENIUS Act is expected to become law soon, with regulators having 180 days to finalize rules, and full enforcement likely by early 2026.

These laws aim to provide regulatory clarity and stability to the stablecoin market, protecting consumers and promoting innovation.