#USStablecoinBill #USStablecoinBill

In summary, the law aims to:

1. Establish a clear regulatory framework for the issuance of stablecoins within the United States.

2. Require issuers to obtain a license from regulatory bodies such as the Federal Reserve or the banking regulatory authority.

3. Ensure that sufficient financial reserves (such as dollars or Treasury bonds) back each issued stablecoin.