Breaking! Has the deadlock over the US stablecoin bill finally been broken? Rumors come in from the Senate in the early hours


$BTC
Brothers, after three months of watching the US stablecoin legislation, we’ve just finally gotten some credible news.

The Senate side has fallen apart countless times, but this time Thom Tillis and Angela Alsobrooks really signed the agreement. The core compromise is simple: lying down and just earning interest isn’t allowed, but on-chain transfers and paying a little “incentive” are okay. The industry has more or less given its tentative approval to this plan.

But don’t get too excited yet—there are still roadblocks.

The first hurdle is those old-school bankers. The White House has clearly done the math: stablecoins’ size is so small that it affects bank deposits by less than 0.02%, but the banking association is still dead set on blocking it, insisting this will drain the blood of community banks. The originally scheduled April review has been pushed back to May.

The second hurdle is even more sinister. The Democrats are clinging to the whole mess involving the Trump family, refusing to let go, and they insist on adding clauses that restrict executives from profiting from trading cryptocurrencies—clearly trying to choke it off.

Now the situation is crystal clear: May is the line between life and death. If it still hasn’t moved to a full vote after May, once the midterm elections roll around, this bill will be dead on arrival.

One last question: if this bill really passes, and the SEC and CFTC split, will Ethereum be fully locked in as a “commodity” as well? Share your expectations in the comments.

#稳定币 #加密货币监管 #美国参议院 #SEC
BTC0,59%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin