The crypto money market passes through a historical threshold. The United States officially approved the Stablecoin Law (Stable Act), which has long been on the agenda. This law brings a clear and clear regulation framework for TETHER (USDT), Circle (USDC) and similar stablecoin projects, which are fixed by US dollars. This development, which is of great importance for both users and companies, can change the course of global crypto finance. As Kriptokoin.com, we transfer the details.
32-17 votes passed: What does the Stablecoin law promise? How will Tether (USDT) and Circle (USDC) impact?
The US House of Representatives Financial Services Committee adopted the bill with 17 votes against 32 votes after a 13 -hour meeting. This law provides a legal framework for stablecoin payments and aims to pave the way for the sector.
Among the main items presented by the law are to increase user security, support innovation, modernize payment systems and strengthen the digital dollar infrastructure. All Stablecoin projects operating in the United States will be subject to clear rules.
US dollar adapt to the digital age
Dan Meuser, a member of the Congress, stressed that the Stablecoin law will rivet the global leadership of the US dollar. “This law will enable dollar -supported digital assets to work in a safe and controlable structure. In this way, payments will become faster, cheaper and more accessible,” he said.
Former US President Donald Trump frequently expressed that stablecoins are important for the American economy in the past. This law seems to reinforce the US’s pioneering in the world of digital money.
US banks and giant companies took action
With the adoption of the law, the US -based large banks accelerated their own stablecoin projects. Bank of America is reported to have started to work to launch its own digital dollar. This move is considered a step following the digital money attempts of global giants such as Standard Chartered, Paypal and Revolut.
In addition, Custa Bank and Ventage Bank recently launched its own stablecoins on the Ethereum network. This coin, “Avit ,, became one of the concrete steps that the US banking sector took to digitalization.
The US’s implementation of the Stablecoin law means not only in terms of local regulations, but also the beginning of a new era in the global financial world. The rules in the Stablecoin market will now be clearer and competition will be much more serious!
