STABLECOINS: THE DIGITAL DOLLARS SET TO TRANSFORM EVERYTHING 🌐💸

🇺🇸 Washington lawmakers are crafting rules to make stablecoins safer for everyday payments—and possibly to help tackle the national debt!

💰 The U.S. Treasury Secretary sees stablecoins as a way to keep the dollar dominant while funding the government. Big players like PayPal and Visa are already testing them.

🔒 Backed by secure assets like government bonds, these coins aim to stay stable, but experts warn of risks like a “bank run” if everyone withdraws at once. For now, stablecoins mostly sit in wallets, but new laws could see them used for shopping, rent, and more!

🛍️ How will this reshape the crypto world?

Source: Bloomberg

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