#StablecoinLaw

Summary of #StablecoinLaw

The Stablecoin Law is a regulatory framework proposed by governments, especially in the United States, to regulate stablecoins such as USDT and USDC, which are typically pegged to the value of the US dollar.

🔹 Main objectives of the law:

Ensure transparency and full reserves of stablecoins.

Impose banking oversight on the issuing companies.

Protect consumers from the risks of collapse or fraud.

🔹 Its impact on the market:

It may enhance investor confidence in stablecoins.

It pushes for broader adoption by banks and institutions.

It may impose restrictions on unlicensed projects.

Overall, this law is seen as a key element in making the cryptocurrency market more stable and regulated, especially after previous collapses such as Terra.