#StablecoinLaw Stablecoin regulation is gaining momentum globally as governments move to ensure financial stability and consumer protection in the growing crypto economy. In the U.S., the proposed Clarity for Payment Stablecoins Act aims to establish clear rules for stablecoin issuers, requiring them to maintain 1:1 reserves in cash or Treasury bills and obtain regulatory approval. Similarly, the European Union's MiCA (Markets in Crypto-Assets) framework, effective from 2024, introduces strict licensing and reserve requirements for stablecoins used within the bloc. These laws are designed to prevent systemic risks, reduce fraud, and bring stablecoins under the same scrutiny as traditional financial instruments, signaling a new era of oversight for digital dollar-pegged assets like USDT and USDC.