#USStablecoinBill The US Stablecoin bill, also known as the Lummis-Gillibrand Payment Stablecoin Act, aims to regulate the stablecoin industry. Key provisions include :

- *Ban on Algorithmic Stablecoins*: The bill proposes prohibiting algorithmic stablecoins, which are stablecoins that use algorithms to maintain their value.

- *Reserve Requirements*: Issuers of stablecoins would be required to maintain reserves backing their coins.

- *Licensing and Supervision*: Non-bank stablecoin issuers would need to obtain a license and supervision from relevant authorities.