< IMG SRC = "/Uploads/Blogs/26/61/IB-FR37S8F42_0DF4A499.jpg" Alt = "Dnakiblcons may be approved in the United States for two months"/> ~ ~ ~ ~ ~ ~ ~ < P > Executive Director of the Presidential Council of Digital Assets (the so -called & laquo; cryptorads & raquo;), because Hines noted that comprehensive stablcounes are expected in the coming months. This was reported in Cointelegraph with reference to the Henes speech at the Digital Asset Summit.

< P > answering questions about the timing of the legislative initiative, he added:

< p > & laquo; I think the draft law on steiblcoins may be on the President's table for the next two months & raquo;.

~ ~ < P > Heins stressed that the regulation of steiblcoins is urgent after the US Banking Committee of the US Senate last week is two -part & nbsp; approved & nbsp; law & laquo; guiding and establishing national. Stablecoins & raquo; (Genius).

< p >The latter defines the provision rules for the Issuers of Steiblcoins and Oban & Amp; Rsquo; they are struck < blockquote class = "WP-BLOCK-QUOTE IS-LAYOUT-FLOW WP-Block-Quote-Layout-Flow" > ~ < P >< Em > & laquo; we saw a rare case of two -party consent in the Senate's bank committee, which is excellent news. Representatives of both parties understand the importance of maintaining the dominance of the US dollar in the crypto industry & raquo ;, & mdash; Heins emphasized < P > According to the & nbsp; defillama, market capitalization of steiblcoins is almost $ 230 billion, the vast majority of which are brought to the US dollar. This indicates the dominance of the US currency in cryptocurrency transactions and international money transfers.

< p > Some experts predict that over time steiblcoins can become multivariable, but now the digital dollar remains a favorite of the market. & Amp; nbsp;

< P > Heins noted that many underestimate the potential impact of this legislative initiative on the US economy:

< blockquote class = "WP-BLOCK-QUOTE IS-LAYOUT-FLOW WP-Block-Quote-Layout-Flow" > ~ < P >< Em > & laquo; this law can dramatically change financial markets, payment systems and strengthen the world dominance of the US dollar & raquo;. 62 ~ < P > US Finance Minister Scott Bessent said that the US Presidential Administration Donald Trump is considering steiblcoins in a tool for maintaining US dollar status as the world's main reserve currency.

~ ~ ~ ~

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116