#USStablecoinBill The U.S. Stablecoin Bill, notably the GENIUS and STABLE Acts, aims to regulate dollar-pegged stablecoins, ensuring consumer protection and financial stability. Key provisions include mandatory licensing for issuers, 1:1 reserve backing with high-quality assets, and monthly audits. The bills allow both federal and state oversight, with the GENIUS Act permitting state regulation for issuers under $10 billion. Critics highlight weaknesses, like the “Tether loophole” for offshore issuers and potential risks from Big Tech issuing stablecoins. Despite bipartisan support, concerns over illicit finance and systemic risks persist, with debates ongoing to refine enforcement and safeguards.