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Stablecoin Showdown: Senate Democrats Mount Last-Ditch Opposition as Industry-Backed Bill Charges Toward Passage
Stablecoin Showdown: Senate Democrats Mount Last-Ditch Opposition as Industry-Backed Bill Charges Toward Passage
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Washington’s crypto clash hits boiling point as Senate Democrats scramble to stall a stablecoin bill that’s already got Wall Street’s fingerprints all over it. The legislation—packaged as ’consumer protection’ but smelling suspiciously like a big bank power grab—now faces its make-or-break committee vote.
Behind the scenes: Lobbyists high-fiving over steak dinners while pretending this is about ’innovation.’ The usual DC circus—just with more blockchain jargon.
Bottom line: When the suits and the politicians agree this fast, someone’s getting robbed. Place your bets on whether it’s retail investors or the entire concept of decentralized finance.
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