币界网报道：The U.S. Treasury Department is reportedly preparing to mandate 100% reserve backing for all stablecoins by July 2024, according to sources familiar with the matter. The new regulation would require stablecoin issuers to hold cash or cash-equivalent assets matching the total circulating supply of their tokens at all times. This move aims to address concerns about potential risks to financial stability posed by insufficiently backed stablecoins. Major stablecoin operators like Tether and Circle are expected to be impacted, though both companies claim their products already meet these reserve requirements. The Treasury's proposal comes amid growing global regulatory scrutiny of stablecoins following several high-profile collapses in the crypto sector. Industry representatives have been invited to provide feedback before the rules are finalized.