#USStablecoinBill proposed legislation in the United States to regulate stablecoins, which are digital assets linked to a stable value, such as the US dollar. There are two main bills:

- *GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act)*: This bill aims to create a clear framework for stablecoins in the US, establishing strict standards for reserves, licenses, and consumer protection. Key aspects include¹:

- Separate classification: Stablecoins are considered "payment currencies" and not securities or commodities.

- Reserve standards: Issuers must maintain a 1:1 reserve with high-quality liquid assets.

- Dual oversight: Issuers with a market capitalization of over $10 billion will be under federal oversight, while smaller ones may operate under state supervision.

- *STABLE Act*: This bill also seeks to regulate stablecoins but has generated controversy due to concerns about conflicts of interest and the Trump family's involvement in a stablecoin company. Key aspects include²:

- Ban on government stablecoins: The bill seeks to prohibit federal officials from issuing or sponsoring stablecoins.

- Consumer protection: The bill includes provisions to protect consumers and prevent illicit activities.

The approval of these bills could have a significant impact on the cryptocurrency industry in the US, as it would provide regulatory clarity and could drive the adoption of stablecoins. However, there are still discrepancies between the two bills, and negotiations are ongoing to reach a consensus.