Stablecoin regulation is coming to the United States. Two stablecoin bills — from the House and Senate — have already made their way through their respective congressional committees. But it remains to be seen how their differences will be reconciled before stablecoin regulation can pass into law in the U.S.
President Donald Trump has said he wants it before Congress goes on recess in August.
During the The Digital Chamber DC Blockchain Summit on March 26, Rep. Bryan Steil, Chair of the Digital Assets Subcommittee and co-sponsor of the House’s stablecoin bill, said that the two bills are roughly “80% similar.”
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
