#USStablecoinBill The **US Stablecoin Bill** aims to regulate stablecoins by establishing federal oversight, ensuring transparency, and mandating 1:1 reserve backing. Key provisions include:
- **Issuer Requirements**: Only federally approved banks or non-bank entities can issue stablecoins.
- **Reserve Backing**: Mandates full asset backing with high-quality reserves (cash or short-term Treasuries).
- **Consumer Protection**: Requires regular audits and disclosures to prevent fraud.
- **State vs. Federal Roles**: Balances state-regulated stablecoins with federal oversight for larger issuers.
The bill seeks to stabilize the crypto market, protect investors, and integrate stablecoins into the financial system.