#OneBigBeautifulBill The recent signing of the "One Big Beautiful Bill" by President Trump, with its massive tax cuts and increases in spending, is generating a huge debate about its economic impact. Although the law does not directly mention cryptocurrencies, its fiscal implications could resonate in the crypto asset market.

For stablecoins, linked to the US dollar, the outlook is complex. If the law drives massive deficits and puts downward pressure on the dollar's value in the long term, the stability of stablecoins could be questioned. While their 1:1 parity with the dollar would nominally remain, the purchasing power of that underlying dollar could decrease, indirectly affecting confidence in these digital currencies as a store of value.

Regarding altcoins, the effect could be mixed. Some could benefit indirectly if global economic instability or dollar devaluation leads investors to seek alternatives outside of traditional finance, boosting the adoption of decentralized crypto assets. However, other altcoins, particularly those with lower liquidity or more speculative use cases, could be vulnerable to overall market volatility if the macroeconomic environment becomes more uncertain. In a risk-averse scenario, capital could flee from more volatile assets towards Bitcoin or even back to fiat.