#USStablecoinBill GENIUS Act in the fire of policy.

The new stablecoin regulation project in the USA (#USStablecoinBill) is causing controversy. The law proposes full backing of tokens in USD and protection for users, but some senators are withdrawing support, fearing loopholes for players like Tether and potential conflicts of interest.

Is this a step towards transparency, or a risk of political chaos in Web3?