#USStablecoinBill After years of uncertainty, the regulation of stablecoins is finally gaining momentum on Capitol Hill. Three competing bills—the GENIUS Act, the STABLE Act, and an unnamed proposal from Representative Maxine Waters (D-CA)—are vying to define the future of digital dollars in the U.S. This long-overdue push for clear rules could determine whether stablecoins become a mass financial instrument or remain stuck in a gray regulatory area.