#USStablecoinBill
The future of stablecoins in the US hangs in the balance as a promising regulatory bill stalls due to last-minute political withdrawals. Pro-crypto Democrats have pulled their support, citing national security and anti-money laundering concerns. Critics argue that the bill would increase surveillance and control, potentially stifling decentralized innovation, rather than just protecting users and bringing stability.
The future of stablecoins in the US hangs in the balance as a promising regulatory bill stalls due to last-minute political withdrawals. Pro-crypto Democrats have pulled their support, citing national security and anti-money laundering concerns. Critics argue that the bill would increase surveillance and control, potentially stifling decentralized innovation, rather than just protecting users and bringing stability.