In the shadows of public conferences, a quiet – but extremely intense – negotiation is taking place in the secret offices of the US Congress.
Senator Ruben Gallego revealed that he had negotiated "hours on end" to amend the stablecoin bill. But just when it was not yet complete, the Republicans abruptly pushed it to the Senate floor. "They intend to pressure us," Gallego bluntly stated.
This incident reveals one thing: stablecoins are no longer a financial tool – but a tool of power.
The negotiations are not just about technical terms or banking processes – but about who will control financial technology in the next decade. With stablecoins, the power to print money may no longer be the monopoly of the State, and that makes politicians wary – or more opportunistic than ever.
Nevertheless, Gallego remains steadfast: "If we move too quickly with a bad product, we will end up with a bad outcome." That is why he slowed down the process, requesting further amendments.
Is this a manifestation of a sense of responsibility, or just a "stalling" tactic to balance the forces of factions ahead of the elections? Whatever it is, what is happening proves that stablecoins are now at the center of modern political battles.
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