Fed Chair Jerome Powell says the US is making "meaningful progress" on stablecoin laws.

  • Bipartisan momentum is driving the U.S. toward a stablecoin regulatory framework.

  • Powell’s support signals stablecoins may soon integrate with mainstream finance.

  • U.S. rules may adopt global standards like MiCA while ensuring local adaptability.

Federal Reserve Chair Jerome Powell has confirmed that the United States is making meaningful progress toward establishing a clear regulatory framework for stablecoins. In recent remarks, he highlighted that after a series of earlier delays, bipartisan efforts in Congress are finally gaining significant traction, a development that is being hailed as a critical milestone for digital assets. 

💥BREAKING:

🇺🇸 FED CHAIR POWELL CALLS CRYPTO STABLECOINS A “POSITIVE STEP” AND SAYS FRAMEWORK IS WELL UNDERWAY.

SUPER BULLISH. 🚀 pic.twitter.com/RtD4Nh45hB

— Crypto Rover (@rovercrc) July 1, 2025

Regulatory Path Taking Shape

Powell pointed out that the lack of clear federal regulation for stablecoins has long been a major concern for both regulators and investors. The U.S. has struggled for years to implement a consistent set of standards for stablecoin issuers.

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