#USStablecoinBill In early May 2025, a real drama unfolded in the USA surrounding the stablecoin bill. At first, it seemed that everything was going according to plan. However, unexpectedly, nine Democratic senators withdrew their support, citing insufficient measures to combat money laundering and threats to national security. (Atlantic Council)
One of the reasons for concern was that the bill does not provide adequate oversight of foreign stablecoin issuers, such as Tether, which could create loopholes for unscrupulous players. In addition, public attention was drawn to former President Donald Trump's connections with World Liberty Financial, a company that actively promotes its own stablecoin USD1. This raised concerns about potential conflicts of interest and the use of legislation for personal gain. (The Washington Post, WIRED)
As a result, despite the Republicans' efforts to advance the bill, its future remains uncertain. The crypto market is closely watching developments, as the adoption or rejection of the law could significantly impact the regulation of digital assets in the USA and beyond.