#USStablecoinBill

**Approve #USStablecoinBill : What you need to know about the new stablecoin law in the U.S.**

The U.S. Congress has just approved the stablecoin bill (#USStablecoinBill), marking a milestone in the country's crypto regulation. Here are the key points:

### 📌 **Key points of the new law**

1️⃣ **Authorized issuers**: Only registered banks and financial institutions will be able to issue stablecoins (USDC, USDT will need to adapt)

2️⃣ **Audited reserves**: 100% backing in cash/government bonds with monthly audits

3️⃣ **Limit on non-bank issuers**: Cap of $10 billion for non-bank issuers like Circle or Tether

### 💡 **What it means for the market**

✔️ **Greater institutional confidence** in regulated stablecoins

✔️ **Possible consolidation** of the sector (small issuers may disappear)

✔️ **Advantage for USDC** (Circle already meets many requirements) over USDT

### ⚠️ **Controversies**

🔹 Tether would have 180 days to comply or leave the U.S. market

🔹 Critics argue that the law favors large banks over innovative startups

### 📈 **Immediate impact**

- USDC rises 3% after the announcement

- Exchanges like Coinbase prepare changes to comply with the regulation

**Next steps**: The law would come into effect in 2025, allowing time for adjustments. Many see this as the first step toward a complete crypto framework in the U.S.

#stablecoin #CriptoRegulación #Web3

*Sources: Bloomberg, CoinDesk, The Block*