The New U.S. Stablecoin Law Threatens the Banking System: Why Are Experts Concerned?
On 3 April 2025, the U.S. Congress made significant strides in cryptocurrency regulation when the House Financial Services Committee passed the STABLE Act, a stablecoin bill, with 32 votes in favour and 17 against. This decision came shortly after the launch of the USD1 stablecoin on 25 March, backed
