#USStablecoinBill For now, just a rumor.

The regulation of stablecoins in the United States is advancing, particularly with the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) currently being debated in the Senate. This legislation aims to establish a clear regulatory framework for stablecoin issuers, requiring reserves equivalent to liquid assets and prohibiting algorithmic stablecoins.  

However, the bill faces controversies.