#USStablecoinBill The Rise of Stablecoins: U.S. Stablecoin Bill Gains Momentum

The U.S. Stablecoin Bill, specifically the GENIUS Act introduced by Senator Bill Hagerty on February 4, 2025, is making waves in the crypto world. Defining "payment stablecoins" as digital assets pegged 1:1 to the U.S. dollar or liquid assets like Treasury bills, the bill aims to regulate issuers with strict reserve and liquidity rules. It balances state and federal oversight, addressing past legislative hurdles. With bipartisan support, the bill could legitimize stablecoins, enhancing their role in global payments and financial inclusion. However, concerns over stability and consumer protections remain.