Big news in the world of cryptocurrency! There's a possible new law about stablecoins, which are special cryptocurrencies that try to always be worth $1. This law might stop some companies outside the US from using US money, causing a big debate.
- A new law could make it hard for some stablecoin companies to use US government money.
- Tether, a big stablecoin company, says this is unfair and that competitors are trying to hurt them.
- This could change how stablecoins work and where they're used.
Company | Stablecoin | Impact |
---|---|---|
Tether | USDT | Might be affected by the new law. |
Circle | USDC | Potentially benefits from the new law. |