Stablecoin adoption grows with new US bills, Japan’s open approach

Given the regulatory uncertainty faced by stablecoins in the U.S., Paolo Ardoino clarified that the plan will be to create a new currency of this type to operate in the country, this instead of trying for USDT to apply under the new regulations they want to implement. *** Paolo Ardoino says that Tether is prepared for the new U.S. laws on stablecoins. The company plans to launch a stablecoin designed specifically for the U.S. market. USDT would …

Stablecoin adoption grows with new US bills, Japan’s open approach

Stablecoins are front and center of late: Critical bills have made their way through US Congress, First Digital’s coin briefly depegged over reserve concerns, and Coinbase’s efforts to take on banks saw pushback from lawmakers — to name just a few recent headlines.Dollar-backed cryptocurrencies are under the spotlight as the market considers the role of the US dollar and the future of US economic power under the controversial policies of Preside…

House Financial Services Committee Approves STABLE Act - Blockonomi

The U.S. House Financial Services Committee approved the STABLE Act, a bill aimed at establishing a comprehensive regulatory framework for stablecoins, in a vote of 32-17 on April 2. Progress towards the U.S.’s first stablecoin regulatory framework is accelerating. The Big One According to journalist Eleanor Terrett, the STABLE Act, short for the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, received bipartisan supp…

House Committee approves STABLE Act to regulate stablecoins

The US House Financial Services Committee approved the STABLE Act on April 2, 2025, moving it one step closer to becoming law. The committee voted 32-17 in favor of the bill, which now heads to the full House of Representatives for a final vote. Stablecoins, digital currencies linked to the US dollar such as Tether […] The post House Committee approves STABLE Act to regulate stablecoins appeared first on CryptoTvplus - The Leading Blockchain Med…

U.S. House Moves Forward with Stablecoin Regulation Bill Amid Bipartisan Support

A few Democrats sided with Republicans on the measure, marking a rare moment of bipartisan cooperation on crypto regulation. The […] The post U.S. House Moves Forward with Stablecoin Regulation Bill Amid Bipartisan Support appeared first on CoinsPress.