#USStablecoinBill
▶ The U.S. Stablecoin Bill aims to establish a clear regulatory framework for the issuance and operation of stablecoins, which are digital assets pegged to stable assets like the U.S. dollar.
▶ The bill requires stablecoin issuers to maintain full reserves, undergo regular audits, and meet strict consumer protection standards. It grants oversight authority to federal agencies such as the Federal Reserve and the Treasury Department.
▶ The goal is to ensure financial stability, prevent illicit use, and encourage innovation in the digital currency space. This legislation marks a significant step toward integrating stablecoins into the mainstream financial system with greater transparency and trust.