🚨#TETHER WINS, #DEFI LOSES? NEW GOP STABLECOIN BILL SHIFTS REGULATORY GROUND
🔹Tether Benefits: Bill extends U.S. regulation to foreign stablecoin issuers serving U.S. users.
🔹Broader Asset Backing: More asset types now qualify as reserves.
🔹DeFi in Crosshairs: Developers, wallets, and validators could face AML/BSA compliance.
🔹Safe Harbor Caveat: Treasury gets limited leeway power — but with unilateral emergency authority.
🔹GOP-Only Support: No Democratic co-sponsors in current version.
