
Crypto Regulation Heats Up: What Congress’s Stablecoin Bill Means for Trump’s USD1 and the Market at Large
Congress is examining a new stablecoin bill, focusing on the controversial USD1 stablecoin from the Trump-backed WLFI. USD1 is a regulated stablecoin, pegged 1:1 to the U.S. dollar, raising questions about political influence and regulatory challenges. Democrats and crypto analysts express concerns