#StablecoinLaw

Stablecoins are cryptocurrencies designed to maintain a stable value, often pegged to a fiat currency like the US dollar. Regulations vary, but generally focus on issuer requirements, reserve backing, and redemption mechanisms. The goal is to ensure stability, prevent illicit use, and enable seamless transactions. Recent legislation, like the GENIUS Act, aims to provide a framework for regulated stablecoin issuance and oversight.