#USStablecoinBill

The US Stablecoin Bill faces major hurdles. Nine Democratic senators have withdrawn their support, highlighting concerns about money laundering and national security. Controversy has escalated after a $2 billion deal between Trump's stablecoin company and UAE investors was revealed. Although previously approved by the Senate Banking Committee, the bill now risks failing without bipartisan support. The debate continues, with the future of US stablecoin regulation hanging in the balance.