#MarketPullback What it is: A proposed U.S. law to regulate stablecoins—digital dollars backed 1:1 by real money like cash or Treasury bills.

Goal: Make stablecoins safe, reliable, and usable in everyday payments.

Who can issue them: Banks or other licensed companies, under federal or state oversight.

Why it matters: It would give legal clarity for crypto payments in the U.S.

Controversy:

Some Democrats pulled support, saying it doesn’t do enough to prevent financial crime.

There are ethics concerns