The adoption of stablecoins is expanding globally, but remains limited in the US. White House crypto czar David Sacks prioritizes legislation to support innovation.
A bipartisan group has introduced a bill to establish a regulatory framework for stablecoins, aiming to foster innovation and position the US as a crypto leader.
Figures like Federal Reserve governor Christopher Waller advocate for stablecoins, suggesting they can enhance the US dollar’s status, reflecting a shift in regulatory attitudes.
Leave a Reply