⚖️ #StablecoinLaw - Stablecoins in the sights of the American Congress
Regulatory progress in the US could change the game for the #stablecoins !
🇺🇸 Congress proposes new law requiring 100% dollar backing for issuers
💵 $USDT and $USDC are at the center of the regulatory agenda
🏦 Institutional adoption is likely to grow with more legal certainty
🌍 Countries using stablecoins as currency protection will feel the impact directly