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?
The Sword of Damocles of Stablecoins