#USStablecoinBill
**๐๏ธ BREAKING: U.S. House Passes Landmark #USStablecoinBill โ Hereโs How It Will Reshape Crypto**
Washington just took a massive step toward dollar dominance in crypto with the **Stablecoin Innovation and Protection Act**, setting strict new rules for issuers:
๐ฅ **Key Provisions:**
โ **FDIC insurance required** for all issuers >$10B market cap
โ **Complete ban on algorithmic stablecoins** (no more UST-style crashes)
โ **Circle (USDC) and Paxos (USDP) get fast-track approval**
โ Tether must **comply within 90 days or face U.S. ban**
**Market Impact:**
โข USDC surges **8%**, USDP +12% on news
โข Tether volatility spikes as **$12B in redemptions** processed
โข Crypto exchanges begin **delisting unapproved stablecoins**
๐ฌ **Will this bill stabilize or strangle DeFi?** Debate below! ๐ #Stablecoins #Regulation