Coinbase and traditional financial firms poised to benefit from US stablecoin legislation

The passage of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act would substantially benefit major regulated players in the US financial and crypto sectors, ac...

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Coinbase and traditional financial firms poised to benefit from US stablecoin legislation

Source: CryptoSlate

The passage of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act would substantially benefit major regulated players in the US financial and crypto sectors, according to a Nansen report. The firm highlighted that the STABLE Act’s licensing and reserve requirements create a regulatory moat favoring established institutions already aligned with US […]