U.S. Treasury Secretary Scott Bessent anticipates that legislation governing stablecoins could be finalized by mid-July. This bill is expected to bring clarity and structure to the rapidly evolving digital asset space. The Secretary highlighted the potential positive impact on the U.S. Treasury bond market. The regulation is expected to generate increased demand for these bonds as stablecoin issuers seek secure and liquid reserve assets to back their digital currencies. Passage of the stablecoin bill would represent a significant step forward in the U.S.'s approach to cryptocurrency regulation, providing a framework for innovation while addressing potential risks associated with these digital assets. The mid-July target suggests a strong commitment to bringing this legislation to fruition. ```