Senator Bill Hagerty is set to introduce a new stablecoin bill as the largely crypto-friendly Republican Party seeks further regulatory clarity for the industry.
He proposed a bill, and senators, politicians are simply doing their jobs that can result in good or bad regulations on stablecoins and can bring benefit or harm to their citizens.
It's future story and we will be back with discussion if a new regulation on stable coins in the USA comes into enforcement.
Now, let's return to a classic big warning about risk of stable coin. Stable coins in your wallets can be frozen, without any new regulation and enforcement.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets