Evolving Regulation and the Rise of Stablecoins

This chapter examines the influence of U.S. presidential actions on the crypto industry, particularly focusing on the transition towards a more collaborative regulatory approach led by the SEC. It highlights bipartisan congressional efforts to legislate stablecoins and discusses the emergence of Ripple USD as a solution for cross-border payments. The chapter also explores the growing significance of stablecoins within the financial ecosystem and their role in overcoming limitations of traditional banking systems.