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Maxine Waters’ 2025 stablecoin regulation proposal enforces stricter oversight on stablecoins by the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC)
Maxine Waters’ stablecoin regulation proposal, unveiled on February 10 2025, differs from an earlier STABLE Act proposal by Republicans French Hill and Bryan Steil by maintaining Federal Reserve oversight, whereas the Republican bill shifts regulatory authority to the Office of the Comptroller of the Currency (OCC)
Democrat Maxine Waters, the representative for California’s 43rd Congressional District introduced a draft bill aiming to regulate stablecoin issuers in the US
Maxine Waters’ 2025 stablecoin regulation proposal requires stablecoin issuers to maintain a one-to-one reserve backing
Maxine Waters’ 2025 stablecoin bill is a bipartisan effort, crafted with input from both Republican and Democratic staff, aiming to establish a balanced and effective regulatory framework
Maxime Water’s announcement of a stablecoin regulation bill came after the introduction of The STABLE Act by House Financial Services Committee Chair French Hill and Rep. Bryan Steil, which proposed shifting stablecoin oversight from the Federal Reserve to the Office of the Comptroller of the Currency (OCC).

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