Currently, stablecoins are divided into fiat stablecoins and algorithmic stablecoins, which are categorized by purpose into payment stablecoins and collateralized stablecoins or a combination of both.
Which type of stablecoin thrives under the US (Stablecoin Act)?
Through research on the act, we find that the Stablecoin Act targets payment stablecoins, while imposing a two-year ban on collateralized stablecoins, and explicitly prohibiting algorithmic stablecoins.
In summary, the Stablecoin Act will accelerate the development of payment stablecoins, while collateralized stablecoins and algorithmic stablecoins will clearly have a negative impact, directly affecting the yields of CRV, MKR, and AAVE, and significantly benefiting XRP, XLM, and ALGO.$XRP $CRV
