STABLE Act: USD stablecoins get their day in court
The STABLE Act, designed to regulate USD-pegged stablecoins like Tether (USDT) and Circle (USDC) in the United States, has advanced after a 32-17 vote in the House Financial Services Committee. The legislation aims to establish a clear regulatory framework for stablecoin payments, balancing technological innovation with strong consumer safeguards. Congressman Dan Meuser emphasized that the … Read more