If the STABLE Act of 2025 passes, stablecoins will become purely transactional--mostly issued by big banks, big tech, Visa, Stripe, Tether, or even the Fed as a "true digital dollar." Meanwhile, yield-bearing cousins could face securities regulations under the upcoming market structure bill.

The full draft of the STABLE Act of 2025 was released yesterday. Thread will a few takeaways below 

No yield-bearing stables https://t.co/2Jj03cDCG8

Nick Cannon

If the STABLE Act of 2025 passes, stablecoins will become purely transactional--mostly issued by big banks, big tech, Visa, Stripe, Tether, or even the Fed as a "true digital dollar." Meanwhile, yield-bearing cousins could face securities regulations under the upcoming market structure bill.
https://x.com/inkymaze/status/1905205214509936826