$USDC Ethereum (ETH) is gradually being recognized as the core infrastructure for expanding the digital economy. Recent regulatory developments, including the anticipated passage of the U.S. stablecoin bill, are solidifying the position of blockchain technology as part of national infrastructure. This legislation positions stablecoins as important tools for businesses and financial institutions, significantly impacting the role and adoption of Ethereum.

The stablecoin bill is about to pass, incorporating blockchain into the framework of the U.S. Infrastructure Law. This shift marks a significant step towards adoption and acts as a catalyst for the increasingly widespread use of Ethereum. Circle's USDC stablecoin is primarily built on Ethereum, typically embodying this development; approximately 75% of USDC circulation is within the Ethereum ecosystem. The bill is expected to encourage Wall Street firms to accelerate their investments in stablecoins.