S 3907 · 119th Congress

Foreign Stablecoin Transparency Act

This bill makes foreign companies that issue stablecoins (digital currencies pegged to real-world values like the U.S. dollar) follow the same financial transparency rules as American stablecoin issuers. Right now, foreign stablecoin companies get an exception from certain reporting requirements, but this bill close…

Sponsor

Reed, Jack (D-Rhode Island)

Introduced

2026-02-24

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S653-654)