World Crypto Global
Stablecoin bill: expert reaction varies from ‘benefit the digital token economy’ to ‘stifle innovation’
Stablecoin regulation in the US could require stablecoin providers to maintain reserves that would back their coin on “at least one-to-one basis.” While major stablecoin entities like Tether (USDT) and USD Coin (USDC) already abide by this guideline, those that don’t risk a $1 million fee or up to five years in prison. The bill …
<p>The post Stablecoin bill: expert reaction varies from ‘benefit the digital token economy’ to ‘stifle innovation’ first appeared on CCNC | Cryptocurrency Newscast.</p>
