Crypto Lobbyists to DC: Stop the Stablecoin Circus and Focus
Crypto advocates are pushing U.S. senators to cut through the political theater and tackle stablecoin regulation head-on—before the next ’groundbreaking’ hearing devolves into another meme-coin sideshow.
Behind the scenes, industry players warn that partisan bickering and regulatory turf wars could stall progress—leaving the $160B stablecoin market in limbo while TradFi banks quietly lobby for their own watered-down versions.
Funny how Wall Street suddenly cares about ’consumer protection’ when there’s a disruptive technology to co-opt.