Stablecoins are under the U.S. lawmakers' microscope, sparking a flurry of legislative action. 🧐 They're great for everyday purchases, but concerns are rising about their misuse by rogue actors. Some even fear they could undermine the U.S. dollar's dominance! đŸ˜± The Lummis-Gillibrand Payment Stablecoin Act, recently introduced, aims to create a regulatory framework for these digital assets. Meanwhile, the McHenry-Waters stablecoin bill is nearing completion. Will these efforts cement the U.S. dollar's global primacy or will they just add to the election year noise? đŸ—łïž Let's chat in the comments! 👇