#USStablecoinBill aims to regulate stablecoins, digital assets pegged to traditional currencies like the US dollar. Two proposed bills, the STABLE Act and GENIUS Act, focus on:
- *Reserve Requirements*: 1:1 backing with US assets
- *Regulatory Oversight*: Federal and/or state regulation
- *Consumer Protection*: Redemption rights, transparency, and disclosures
The bills differ in approach, with the STABLE Act proposing stricter rules and the GENIUS Act advocating for a more flexible framework.