#USStablecoinBill STABLE Act*: This bill proposes guidelines for dollar-backed tokens, focusing on transparency and consumer protection. It passed the House Financial Services Committee with a 32-17 vote.

- *GENIUS Act*: Introduced by Senator Bill Hagerty, this bill creates a clear federal framework for stablecoins, emphasizing strict reserve standards, licensing procedures, and consumer protection. It allows smaller issuers to operate under state supervision while larger ones face federal oversight