Stablecoin Bill Passes—Crypto’s Sleeping Giant Just Woke Up
Washington finally did something crypto won’t hate: A U.S. stablecoin bill clears hurdles, and Bitwise predicts it’ll unleash a multi-year bull run. Traders, start your engines.
Why this matters: Regulatory clarity for dollar-pegged tokens could funnel institutional billions into crypto—ironic, given Wall Street spent years dismissing the space as a ‘Ponzi scheme.’
The fine print: No specifics yet on reserve requirements or issuer licenses, but the market’s already pricing this as a watershed moment. Expect altcoins to ride stablecoin coattails.
Bottom line: When lawmakers and DeFi shake hands, volatility follows. Buckle up—this could get messy (and profitable).
