On June 30, big news has arrived!

U.S. Treasury Secretary Yellen revealed that a new stablecoin bill might be introduced before mid-July. Once this news was released, the financial world erupted!

This matter has a huge impact. The stablecoin market has long been plagued by chaos, with various incidents of defaults and scams causing investors to lose everything. Once the new bill is enacted, it will be like putting a "tightening spell" on the market, ensuring the safety of investors' money and greatly boosting market confidence.

I think this is a significant benefit for ordinary investors. In the future, investing in stablecoins will no longer be a source of fear, allowing for more peace of mind. However, from an innovation perspective, if the bill is too stringent, some emerging cryptocurrency companies may be hindered, obstructing industry development.

What does everyone think? Do you believe this bill is more beneficial than harmful, or more harmful than beneficial?