Stablecoin regulation in the US could require stablecoin providers to maintain reserves that would back their coin on “at least one-to-one basis.” While major stablecoin entities like Tether (USDT) and USD Coin (USDC) already abide by this guideline, those that don’t risk a $1 million fee or up to five years in prison. The bill … <p>The post Stablecoin bill: expert reaction varies from ‘benefit the digital token economy’ to ‘stifle innovation’ first appeared on CCNC | Cryptocurrency Newscast.</p>

Stablecoin bill: expert reaction varies from ‘benefit the digital token economy’ to ‘stifle innovation’