#StablecoinLaw Key provisions of the law:

1. Requirements for issuers:

Banking license: To issue stablecoins at the federal level, it is necessary to obtain a license from a bank, credit union, or federal trust.

Reserves 1:1: Stablecoins must be fully backed by liquid assets — US dollars or short-term Treasury bonds.

Transparency: Monthly publication of reserve composition and annual audit for issuers with a market capitalization over $50 billion.