AnumMalik

#USStablecoinBill The US Stablecoin Bill aims to establish a regulatory framework for payment stablecoins, digital assets pegged to a stable value like the US dollar. Recent developments show Senate Democrats raising concerns about the current version, particularly regarding anti-money laundering, foreign issuers, and national security. The bill proposes that stablecoin issuers maintain 100% reserves in US dollars or short-term treasuries and undergo regular audits. It seeks to provide clarity and consumer protection in the growing stablecoin market, but its future remains uncertain amid ongoing debate. Disclaimer : This is for Informational Purposes only. Always Do your own research.