US Treasury Secretary: "Stablecoin Legislation Should Be Finalized by Early 2026"

US Treasury Secretary Scott Bessent stated that there is an "urgent" need for a regulatory framework regarding the digital dollar and stablecoins. Bessent announced the goal of finalizing legislation that sets clear rules for stablecoin issuers by the first quarter of 2026 (Q1 2026). This statement was perceived as a positive signal toward reducing regulatory uncertainty.