#StablecoinLaw — new rules of the game?
Global regulators are getting closer to the legalization and control of stablecoins. Draft bills are already on the table in 🇺🇸 USA, 🇪🇺 EU, 🇯🇵 Japan, and other countries.
🔍 What is being discussed:
💵 Mandatory 100% reserve backing (for example, for USDC, USDT)
🏦 Licenses for issuers — almost like for banks
🚫 Potential bans on algorithmic stablecoins (like Terra/UST)
📊 This could change the market:
✅ Increased trust in regulated assets
⚠️ Threat to the DeFi ecosystem with non-KYC stablecoins
💡 Question: centralized stablecoins or decentralized?
💬 What do you think: is the future with USDC and MiCA or with DAI and LUSD?