whisper77
@whisper77
The US Senate passing the first cryptocurrency legislation to regulate stablecoins can stabilize stablecoin prices. With clear regulations on reserve requirements and audit procedures, the risks associated with stablecoins are reduced. For the cryptocurrency market pattern, it may lead to a more concentrated market, with larger and more compliant stablecoin issuers gaining an edge, and also affect the overall flow of funds within the cryptocurrency ecosystem.
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