#StablecoinLaw
⚖️ The New Stablecoin Law... Is it the Beginning of Regulation or the End of Freedom? ⚖️
Countries are waking up one by one, and now a draft law has been proposed to regulate stablecoins – or what is known as Stablecoins. Everyone is asking: Will this law protect the market? Or will it stifle innovation?
Let's talk about the USDT/USDC pair. They represent the two largest stablecoins, and with new regulations, we might see significant changes in how they are issued, their guarantees, and even how they are traded. For example, there are clauses that talk about the necessity of having a 100% reserve in dollars, and official registration for issuers.
On one hand, regulation may provide greater confidence for investors and reduce chaos. On the other hand, it could pressure independent projects or limit innovation.