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Senate Democrats Mount Last-Ditch Opposition as Stablecoin Bill Faces Near-Certain Passage
Senate Democrats Mount Last-Ditch Opposition as Stablecoin Bill Faces Near-Certain Passage
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Washington’s crypto showdown heats up—Senate Democrats scramble to block a stablecoin bill everyone expects to steamroll through. Wall Street’s already pricing in the regulatory rubber stamp, because nothing moves markets like bipartisan consensus (except maybe insider trading).
Key players dig in: Progressive lawmakers warn of ’wild west’ risks while crypto lobbyists pop champagne corks prematurely. The bill’s backers—flush with industry donations—smirk through the hearings.
Bottom line: When DC and DeFi collide, bet on the suits winning. Every. Single. Time.
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