STABLE Act of 2025

Hozzl · 2025-03-28T13:29:27Z

Explore the details of House Bill 2392 STABLE Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/28/2025, 1:29 PM

Summary of Bill HR 2392

Bill 119 HR 2392, also known as the Stablecoin Regulation Act, aims to regulate the use of payment stablecoins in the United States. Payment stablecoins are a type of cryptocurrency that is pegged to a stable asset, such as the US dollar, to minimize price volatility.

The bill seeks to establish a regulatory framework for stablecoins to ensure consumer protection, financial stability, and national security. It requires stablecoin issuers to obtain a license from the Federal Reserve or a designated regulatory agency and comply with certain reporting and disclosure requirements.

Additionally, the bill prohibits stablecoin issuers from engaging in certain activities, such as lending or investing stablecoin reserves without proper authorization. It also mandates regular audits of stablecoin reserves to verify their backing by fiat currency or other assets. Overall, the Stablecoin Regulation Act aims to bring transparency and accountability to the growing stablecoin market and protect consumers from potential risks associated with these digital assets. It is currently under consideration in the US Congress and may undergo revisions before being passed into law.

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Current Status of Bill HR 2392

Bill HR 2392 is currently in the status of Bill Introduced since March 26, 2025. Bill HR 2392 was introduced during Congress 119 and was introduced to the House on March 26, 2025. Bill HR 2392's most recent activity was Referred to the House Committee on Financial Services. as of March 26, 2025

Bipartisan Support of Bill HR 2392

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2392

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 2392

To provide for the regulation of payment stablecoins, and for other purposes.To provide for the regulation of payment stablecoins, and for other purposes.

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