U.S. STABLECOIN REGULATION: THE CLASH INTENSIFIES

The stablecoin debate is heating up in Washington. Community banks have escalated their push in the Senate to impose stricter caps on stablecoin issuance, but their efforts are meeting fierce resistance from major players in the crypto industry.

A prominent executive from a leading centralized exchange fired back at the proposal: "The regulatory framework was already established through GENIUS. Reopening those discussions now only breeds market uncertainty—and that's the last thing we need when digital commerce is migrating on-chain."

The tension reflects a deeper conflict: traditional finance pushing for tighter controls, while crypto advocates argue that revisiting settled law could jeopardize America's position as innovation accelerates globally. Whether stablecoins become a cornerstone of U.S. digital infrastructure or face continued regulatory headwinds remains a pivotal question for 2025.