The U.S. Stablecoin Bill aims to establish a unified regulatory framework for stablecoins, focusing on key points including: the issuance of stablecoins requires obtaining a federal or state license and undergoing regulatory review; all stablecoins must be fully backed by high-quality assets (such as cash or short-term U.S. Treasury securities); unauthorized entities are prohibited from issuing similar products; issuers are required to regularly disclose reserve assets, audit reports, and risk information. This bill also emphasizes financial stability and user protection, defining the Federal Reserve's supervisory role, with the intent to ensure the safe operation of the U.S. dollar stablecoin, prevent systemic risks, and establish a legal foundation for future digital finance.