HR 2392 · introduced · significant
STABLE Act of 2025
- technology
What this bill does
- This bill creates rules for companies that issue stablecoins, digital money pegged to the U.S. dollar.
- Only banks and approved nonbanks can issue stablecoins under this framework.
- Issuers must hold dollar reserves backing each stablecoin one-to-one and disclose reserves monthly.
Generated by claude-haiku-4-5
Community Threads
Started by Cosponsor
- 01
How would restricting stablecoin issuance to banks and approved nonbanks affect innovation and competition in the digital currency market?
- 02
What happens to existing stablecoin issuers and users if they don't meet the one-to-one reserve requirements established by this bill?
- 03
How could monthly reserve disclosure requirements protect consumers compared to the current lack of stablecoin regulation?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-WI-1
Bryan Steil
Citizen cosponsors
0
In Congress
17/ 435
House Reps cosponsoring
Introduced 2025-05-06
Joining the bill
Troy Downing
R-MT-2 · original
Tom Emmer
R-MN-6 · original
Josh Gottheimer
D-NJ-5 · original
Bill Huizenga
R-MI-4 · original
J. French Hill
R-AR-2 · original
Mike Haridopolos
R-FL-8 · original
Young Kim
R-CA-40 · original
Sam T. Liccardo
D-CA-16 · original
Daniel Meuser
R-PA-9 · original
Tim Moore
R-NC-14 · original
Ritchie Torres
D-NY-15 · original
William R. Timmons IV
R-SC-4
+ 5 more
Legislative timeline
2025-05-06 · house · Calendars
Placed on the Union Calendar, Calendar No. 68.
2025-05-06 · house · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-94.
2025-05-06 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-94.
2025-04-02 · house · Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 17.
2025-04-02 · house · Committee
Committee Consideration and Mark-up Session Held
2025-03-26 · house · IntroReferral
Referred to the House Committee on Financial Services.
2025-03-26 · IntroReferral
Introduced in House
2025-03-26 · IntroReferral
Introduced in House
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