The Senate's recent approval of a stablecoin bill has sent shockwaves through the crypto world. This bill is a big deal because it's the first major step by Congress to regulate digital currencies. It's all about setting rules for stablecoins. These are cryptocurrencies that are pegged to another asset, like the U. S. dollar. This means banks, fintech companies, ...

The political buzz in Washington is not about the usual economic storms, like the trade tensions or the threat of a recession. Instead, lawmakers are rushing to shine a spotlight on stablecoins, a type of cryptocurrency that most Americans barely know about. This digital currency sector is worth a whopping $230 billion. The push to regulate stablecoins is seen as a w...