US lawmakers French Hill and Bryan Steil released a discussion draft on stablecoin regulations. The proposed STABLE Act of 2025 is focused on potential benefits and risks with stablecoins. Trump’s Crypto Czar, David Sacks, claims that stablecoins could play a vital role in USD’s global dominance. French Hill, chair of the House Financial Services Committee, and Bryan Steil, chairman of the House’s Subcommittee on Digital Assets, have released a draft discussing stablecoin regulation in the United States. Meanwhile, the market remains bearish as Bitcoin still hasn’t reclaimed the $100,000 level. In a post on X (formerly Twitter), FOX Business journalist Eleanor Terrett shared the draft, which aims to establish clear guidelines for the offering and use of dollar-pegged stablecoins in the United States. The proposed STABLE Act of 2025 calls for a complete two-year ban on stablecoins backed by self-issued digital assets and requires the US Treasury to conduct a more thorough review on their issuance and use. NEW: @FinancialCmte Chairman @RepFrenchHill and Digital Assets subcommittee chair @RepBryanSteil have just released a discussion draft of a House… The post Stablecoin Regulation Draft: House Leaders Chart US Digital Future appeared first on Coin Edition .
