US representatives French Hill and Bryan Steil issued a draft of a draft law in the United States, a bill of law that will create a regulatory framework for dollar -indexed payment stabilcoins.

The draft law will prohibit the extraction of “endogenous stabilcoin” for two years; In other words, exporters will be banned from creating stabilcoins supported by their own digital assets.

In addition, the US Treasury Ministry of Treasury will be instructed to conduct a research on stabilcoins.

Hill, the President of the Financial Services Committee, who made a statement with a press release, said that this draft draft will clarify the rules for payment stabilcoins and will provide a federal way for exporters.

Hill said that they would work with the Trump administration, the House of Representatives and the Senate, and that they would endeavor to “do this right” and “to provide a dollar -backed stable for the American people”.

The publication of the draft law came after the announcement that the Trump administration plans to organize the stabilcoins and put it into the domestic market. President Donald Trump’s crypto -official David Sacks said that Stabilcoins can “expand the international sovereignty of the dollar.”

Some industry observers interpreted Trump’s crypto executive decision as a sign of his crypto -friendly approach. Others argued that the aim was to ensure that the US dollar remains a world reserve currency.

Lawyer David Lesperance said that the executive decision aims to make the US a leading position in digital asset development, but this support would end if the Dollar threatens the position of the world reserve currency.

Following the publication of the bill, the lawmakers shared the same opinion.

In a statement with a press release, Hill said that the stabilcoin framework will strengthen its position as the world reserve currency of the dollar:

“By applying an open regulatory structure for payment stabilcoins, we can support continuous innovation, reinforce the position of US dollar as the world reserve currency and protect consumers and investors.”

Meanwhile, Tim Scott, President of the Senate Banking Committee, said that creating a regulatory frame for stabilcoins is critical for innovation in the USA and “supporting the global position of the US dollar”.

The latest Stabilcoin draft law came after the Senate’s effort to present a bill of law aiming to create a regulatory framework for stabilcoins.

On February 4, the US senator Bill Hagerty presented “the law of directing and establishing the National Innovation (Genius) for US Stabilcoins.

This bill aims to advance Trump’s promise of making the US the capital of crypton and provides a framework that supports innovation. The draft was supported by Senators Scott, Kirsten Gillibrand and Cynthia Lummis.

In a press release that announces the draft of the debate, Hagerty said that stabilcoins could create demand for US Treasury bonds and increase process efficiency.

“The government should create a safe and regulatory framework that will release innovation and the President of the United States to advance the world’s mission to make the world’s crypto capital”.