#StablecoinLaw SteblecoinLaw — these are new laws for stablecoins to make them truly stable.

Stablecoins are cryptocurrencies that are supposed to be worth $1. Many people keep their money in them thinking it is safe. However, there have already been cases where such coins have dropped in price, and people lost their funds. Therefore, governments in various countries have started working on laws that will require companies issuing stablecoins to have real backing — dollars, bonds, or other assets. They also want to ban risky algorithmic tokens, force companies to undergo audits, and publish reports.

For a newcomer, this means more protection and less risk. But also more control — for example, there will be a need to undergo verification (KYC), and not all tokens will be available. In conclusion: these new rules may make crypto safer for ordinary people. The main thing is to understand where you keep your money.