#StablecoinLaw

Cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the U.S. dollar (e.g., USDC, Tether). They facilitate payments and trading in crypto markets.

Current Regulatory Landscape: No comprehensive federal framework exists; stablecoins are primarily regulated under state money transmitter laws and varying state-level digital asset regulations (e.g., New York’s BitLicense).

Recent Legislative Efforts: Two major bills, the GENIUS Act (Senate) and STABLE Act (House), aim to establish a federal regulatory framework for stablecoins. Both have advanced significantly in 2025.