New US stablecoin bill doesn’t mention Tether, but it didn’t have to
Proposed new legislation in the U.S. Senate aims to bring order to the $157 billion stablecoin market, assuming the bill can make it through a supremely dysfunctional Congress. On April 17, Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) …