🚀 Big news in the world of stablecoins! The U.S. House Financial Services Committee just passed the STABLE Act, aiming to bring clarity and stability to digital assets like Tether and USDC. This bill requires stablecoins to be backed one-to-one by U.S. dollars or short-term government debt, offering a balanced approach to innovation and regulation.

💡 Supporters see this as a win for both financial modernization and consumer protection. With bipartisan backing, the bill now heads to a full House vote. Eyes are on the Senate for the next move!

🌍 Stablecoins could bolster the U.S. dollar's global role, making payments cheaper and faster. Despite some political friction, this is a step toward formalizing the crypto industry. Stay tuned!