#StablecoinLaw

Stablecoin Law — is a set of legal norms that regulate the issuance, circulation, reserves, transparency, and accountability of stablecoin issuers — cryptocurrencies pegged to stable assets, usually the US dollar. Such laws aim to reduce financial risks, ensure user protection, and maintain the stability of digital markets.

In different countries, stablecoin law is at various stages of development. For example, in the USA, Congress is discussing bills that would require stablecoin issuers to have banking licenses and transparently manage reserves. In the EU, the regulation of stablecoins is part of the broader MiCA (Markets in Crypto-Assets) law, which comes into effect in 2024.

The main goal of stablecoin law is to prevent financial fraud, market disruptions, and to provide clear rules of the game for companies operating in Web3, DeFi, and payment infrastructures.