The future of the stablecoin bill in the U.S. Senate is uncertain. Despite the progress made by both parties, nine Democratic supporters of cryptocurrencies—four of whom had previously supported the bill—withdrawn their support, citing concerns about national security and anti-money laundering provisions. Will ongoing regulatory uncertainty in the United States continue to hinder innovation in stablecoins? How might this affect the adoption of stablecoins and user trust in the future?
