Recently, the US passed sweeping stablecoin regulations, setting the stage for dozens—maybe even hundreds—of digital dollars to flood the world. Now, central banks and governments everywhere are scrambling to respond.Some are pushing forward new stablecoin legislation, while others are considering launching their CBDCs on public chains. That’s why today, we’re breaking down exactly how the rest of the world is reacting to the US’s stablecoin play and whether it’s ultimately bullish or bearish for crypto.Enjoy!
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Published on 3 months ago
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