#StablecoinLaw The Stablecoin Law is a regulatory framework for payment stablecoins in the United States. It provides clear guidelines for stablecoin issuers, defining who can issue stablecoins and how they must be backed. The law requires stablecoins to be backed 1:1 with high-quality, liquid reserve assets. These reserve assets can include US currency, demand deposits, Treasury bills, and money market funds. Issuers must have a clear redemption policy and disclose fees and procedures for timely redemption. They must also publish monthly reports on reserve composition and attestations. The law aims to provide stability and transparency in the stablecoin market.
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