Stable Coins - The Future of Cryptocurrency

Congress was tantalizingly close to completing work on standalone legislation that would have legalized and provided a regulatory framework for US based stable coins. Many in the industry have suggested that one of the next big legal battles might be around something like USDC. I assert that it is crypto's market cap, which indicates its use, which gives it legitimacy. It's the people that get to decide not the government. There is no political or practical pathway to a ban on crypto or stable coins.