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U.S. Stablecoin Bill Nears Senate Vote—Finally, Some Regulatory Clarity (or Just More Red Tape?)

U.S. Stablecoin Bill Nears Senate Vote—Finally, Some Regulatory Clarity (or Just More Red Tape?)

Author:
CoindeskEN
Published:
2025-05-16 22:37:50
12
1

U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say

After years of political gridlock, Washington might actually move the needle on crypto regulation. The long-awaited stablecoin bill could hit the Senate floor as early as next week—assuming politicians don’t get distracted by the next shiny object.

Proponents claim this could ’modernize’ dollar-pegged tokens. Critics whisper it’s just legacy finance cosplaying as innovation. Either way, traders are watching: clear rules could pump fresh capital into the space... or strangle it with compliance costs.

Funny how these bills always seem to gain momentum when election fundraising kicks into high gear.

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