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Congress has passed the first federal legislation to regulate stablecoins, marking a major milestone for the crypto industry. The bill, backed by Republicans and President Trump, aims to bring oversight to dollar-linked tokens while enabling broader adoption in finance.
- First federal stablecoin regulation passed, signaling a major shift in crypto oversight.
- Bill backed by Republicans and Trump, introducing state or federal supervision for dollar-linked tokens.
- Market expected to grow from $265B to $3.7T by 2030, with potential for faster, cheaper payments.
📎 Related coverage from: bloomberg.com
Other Tags: Citigroup Inc., Congress, DeFi