#USStablecoinBill 🔸 What is the US Stablecoin Bill?

"The digital dollar revolution starts here!"

🔹The US Stablecoin Bill (in its versions: GENIUS Act and STABLE Act) is a new legislative initiative introduced by members of the US Senate and House of Representatives. It aims to regulate digital currencies that are pegged to the US dollar (such as USDT and USDC), to ensure they are safe and subject to legal oversight.

🔸 Why was this law proposed?

"So the dollar remains king!"

🔹The primary goal of the law is to protect the stability of digital markets and ensure the continued global dominance of the US dollar. Stablecoins have become widely used in digital transactions, and in the absence of clear regulation, there may be economic risks or even financial threats.

🔸 What does the law stipulate?

"New rules for the digital currency game!"

🔹The law calls for establishing a clear regulatory framework that includes:

Monitoring entities that issue stablecoins

Ensuring that each stablecoin is actually backed by the dollar

Imposing specific licenses on institutions