Special Topic | Algorithmic Stablecoins and Regulation: The "Sword of Damocles" Hanging High
Special Topic | Algorithmic Stablecoins and Regulation: The "Sword of Damocles" Hanging High
Recently, the U.S. House of Representatives released a draft stablecoin bill that will impose a two-year ban on algorithmic stablecoins, and it will be illegal to issue or create new endogenously collateralized stablecoins. What does this bill mean for current and future stablecoins?