New Bill Shared in the US: These Coins May Be Banned for 2 Years! - Coin Bulletin

The proposed "STABLE Act of 2025" in the US envisions a two-year ban on certain stablecoins and requires the Treasury to conduct a risk assessment.

The US House of Representatives has taken a new step to regulate the stablecoin market. The proposed bill, called the "STABLE Act of 2025", imposes a two-year ban on stablecoins supported only by their own issued digital assets, while making it mandatory for the US Treasury Department to investigate the financial risks of stablecoins.

Fox reporter Eleanor Terrett shared the discussion draft of the bill prepared by the Chairman of the U.S. House Financial Services Committee French Hill and the Chairman of the Subcommittee on Digital Assets Bryan Steil with the public.

The proposal envisages restricting the use of stablecoins backed only by its own issued digital assets for two years. In addition, it is a prerequisite that the US Treasury Department conducts a detailed study analyzing the potential impacts and risks of these types of stablecoins on financial stability.

Are algorithmic stablecoins and DeFi projects in danger?

The new regulation may directly affect algorithmic stablecoins and some stablecoin models in the decentralized finance (DeFi) ecosystem. The bill states that stablecoin issuers must establish a structure supported by secured reserves and subject to regulatory oversight. In this context, stablecoin projects that only show self-owned digital assets as reserves will be prohibited from operating.

Some experts in the industry argue that the regulation could enhance security in the stablecoin market, but some investors and cryptocurrency companies believe that such bans could restrict innovation and decentralization. It is not yet clear whether the bill will pass through Congress, but it is clear that the US intends to impose a tighter framework on the stablecoin market.