#USStablecoinBill also known as the GENIUS Act, aims to create a clear regulatory framework for stablecoins in the U.S. Backed by Senators Gillibrand and Hagerty, the bill focuses on consumer protection, banning algorithmic stablecoins, and enforcing 1:1 reserves. However, it's now facing political hurdles as several Senate Democrats withdraw support over concerns about money laundering risks and ethical conflicts. With crypto policy at a crossroads, the future of stablecoin regulation in the U.S. hangs in the balance. Will this bill bring clarity or more controversy?

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