#USStablecoinBill

The U.S. Stablecoin Bill is proposed legislation aimed at regulating the issuance and use of stablecoins—digital currencies pegged to assets like the U.S. dollar. The bill seeks to establish clear federal oversight, requiring stablecoin issuers to maintain 1:1 reserves, undergo audits, and obtain licenses from authorized regulators such as the Federal Reserve or state agencies. It aims to protect consumers, prevent financial risks, and promote innovation in the digital asset space. The legislation distinguishes between bank and non-bank issuers and addresses concerns about systemic risk, money laundering, and financial stability. Its passage would mark a major step in U.S. crypto regulation.